Smart Powerr Corp. Files Material Definitive Agreement 8-K

Ticker: CREG · Form: 8-K · Filed: Jan 6, 2025 · CIK: 721693

Sentiment: neutral

Topics: material-agreement, 8-k

TL;DR

Smart Powerr Corp. just filed a material definitive agreement 8-K. Details TBD.

AI Summary

Smart Powerr Corp. filed an 8-K on January 6, 2025, reporting a material definitive agreement. The filing does not contain specific details about the agreement, dollar amounts, or parties involved, but indicates a significant event for the company.

Why It Matters

This filing signals a significant business development for Smart Powerr Corp., potentially impacting its operations, financial standing, or strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which can carry significant implications, but lacks specific details to fully assess the risk.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement filed by Smart Powerr Corp.?

The filing does not specify the nature of the material definitive agreement, only that one has been entered into.

Who are the parties involved in this material definitive agreement?

The filing does not disclose the names of the other parties to the agreement.

What is the effective date of this material definitive agreement?

The filing states the date of the earliest event reported is January 6, 2025, implying this is the effective date or the date of entry into the agreement.

Does this 8-K filing include any financial statements or exhibits related to the agreement?

The filing lists 'Financial Statements and Exhibits' as an item information, but the content of these is not detailed in the provided text.

What was Smart Powerr Corp.'s former name?

Smart Powerr Corp. was formerly known as CHINA RECYCLING ENERGY CORP, CHINA DIGITAL WIRELESS INC, and BOULDER ACQUISITIONS INC.

Filing Stats: 602 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2025-01-06 16:30:11

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed in a Current Report on Form 8-K filed by SMART POWERR CORP. (the "Company", "we", "us" or "our") on December 31, 2024, the Company entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain purchasers ("Purchasers") on December 25, 2024, pursuant to which the Company has agreed to issue and sell an aggregate of (i) 900,000 shares of common stock (the "Shares") of the Company, at a purchase price of $0.62 per share ("Purchase Price"), par value $0.001 per share and (ii) pre-funded warrants (the "Pre-Funded Warrants") to purchase an aggregate of up to 2,340,000 shares of common stock (and the shares that are issuable from time to time upon exercise of the Pre-Funded Warrants (the "Pre-Funded Warrant Shares")), in a registered direct offering ("Offering") to certain Purchasers. The Company issued the Shares and Pre-Funded Warrants and the Offering closed on January 3, 2025. A copy of the opinion of the Company's counsel, relating to the validity of the Shares and Pre-Funded Warrants in connection with the Offering, is filed as Exhibit 5.1 to this Current Report on Form 8-K. 1

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits Exhibit Number Description of Exhibit 5.1 Opinion of Ortoli Rosenstadt LLP 23.1 Consent of Ortoli Rosenstadt LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

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. SMART POWERR CORP. Date: January 6, 2025 By: /s/ Guohua Ku Name: Guohua Ku Title: Chief Executive Officer, and Chairman of the Board 3

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