Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - SORL Auto Parts, Inc. | v428649_ex99-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 8, 2016
| SORL Auto Parts, Inc. |
| (Exact name of registrant as specified in its charter) |
| Delaware | 000-11991 | 30-0091294 |
| (State or other jurisdiction | (Commission | (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| No. 1169 Yumeng Road | ||
| Ruian Economic Development District | ||
| Ruian City, Zhejiang Province | ||
| People’s Republic of China | ||
| (Address of principal executive offices) |
Registrant’s telephone number, including area code: 86-577-6581-7720
| N/A |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events
On January 8, 2016, stockholders (collectively, the “Stockholders”) of SORL Auto Parts, Inc. (the “Company”) owning approximately 58.8% of the Company’s outstanding common stock, sent a letter (the “Withdrawal Letter”) to the Special Committee of the Board of Directors of the Company withdrawing the preliminary non-binding proposal which the Stockholders had made on October 30, 2015 (the “Proposal”) to acquire all of the shares of the Company’s common stock not owned by the Stockholders for $2.84 per share in cash. The Withdrawal Letter stated that due to concerns over recent market conditions, the Stockholders had determined not to proceed with the Proposal.
The press release issued by the Company regarding this matter are being filed as an Exhibit to this report and is incorporated by reference herein.
Section 9. Financial Statement and Exhibits
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release, dated January 8, 2016, with respect to the receipt of the Withdrawal Letter.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SORL Auto Parts, Inc. | ||
| Date: January 8, 2016 | /s/ Xiaoping Zhang | |
| Xiaoping Zhang, Chief Executive Officer |