KNDI News 17.07 09/08/2014 05:12:13 Kandi Technolgies (KNDI)

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Kandi Technolgies (KNDI) 17.07 $KNDI

Kandi Technologies Announces the Closing of a Registered Direct Placement for $71 Million of Common Stock and Warrants
GlobeNewswire - Fri Sep 05, 8:46AM CDT
Kandi Technologies Group, Inc. (Nasdaq:KNDI) (the "Company" or "Kandi" , today announced that it closed a registered direct placement with certain institutional investors and raised $71 million from selling its common stock at a price of $17.20 per share on September 4, 2014. The Company issued a total of 4,127,908 shares to the institutional investors. As part of the transaction, the Company also issued to the investors warrants for the purchase of up to 743,024 shares of common stock at an exercise price of $21.50 per share, which warrants have a term of 17 months from the date of issuance until February 4, 2016. In addition, any investor that invested more than $30 million in the initial offering of shares and warrants received an option to purchase its pro rata share of up to $30 million of additional shares, or 1,744,186 shares of common stock and its pro rata share of warrants to purchase an aggregate of up to 313,954 shares of comment stock, at $17.20 per unit until November 17, 2014.

Market Activity, Conference Schedules, and Private Placement - Research Reports on Chesapeake, Ensco, Devon Energy, Concho and Kandi Technolgies
PR Newswire - Wed Sep 03, 7:55AM CDT
Today, Analysts Review released its research reports regarding Chesapeake Energy Corporation (NYSE: CHK), Ensco plc (NYSE: ESV), Devon Energy Corporation (NYSE: DVN), Concho Resources, Inc. (NYSE: CXO) and Kandi Technolgies Group, Inc. (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6169-100free.

Three Kandi Pure EV Models are Included in China's First List Of Purchase Tax Exemption For New Energy Vehicles
Newsfile Corp - Wed Sep 03, 7:35AM CDT
full story)

Three Kandi Pure EV Models Are Included in China's First List of Purchase Tax Exemption for New Energy Vehicles
GlobeNewswire - Wed Sep 03, 7:32AM CDT
Kandi Technologies Group, Inc. (the "Company" or "Kandi" (Nasdaq:KNDI), today announced that, according to public Notice No. 54 issued by China's Ministry of Industry and Information Technology ("MIIT" and State Administration of Taxation ("SAT" , three of Kandi's pure Electric Vehicle ("EV" models were chosen to be on the first approved list of New Energy Vehicles to qualify for a purchase tax exemption at the amount of 10% of the vehicle's total purchase price.

Technical Summary on Automobiles Equities -- General Motors, Honda Motor, Tata Motors, Kandi Technologies, and Harley-Davidson
PR Newswire - Tue Sep 02, 7:40AM CDT
On Friday, August 29, 2014, the NASDAQ Composite ended at 4,580.27, up 0.50%, the Dow Jones Industrial Average finished the day 0.11% higher at 17,098.45, and the S&P 500 closed at 2,003.37, up 0.33%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 544.81, up 0.01%, and the index has advanced 4.70% in the last one month. Investor-Edge has initiated coverage on the following equities: General Motors Company (NYSE: GM), Honda Motor Company Ltd (NYSE: HMC), Tata Motors Ltd. (NYSE: TTM), Kandi Technologies Group Inc. (NASDAQ: KNDI), and Harley-Davidson Inc. (NYSE: HOG). Free research on these five companies can be accessed at:

Nasdaq stocks posting largest percentage decreases
AP - Fri Aug 29, 5:07PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:

SmarTrend Watching for Potential Rebound in Shares of Kandi Technolgies After 6.59% Loss
Comtex SmarTrend(R) - Fri Aug 29, 3:50PM CDT
Kandi Technolgies (NASDAQ:KNDI) traded in a range yesterday that spanned from a low of $17.17 to a high of $19.58. Yesterday, the shares fell 6.6%, which took the trading range below the 3-day low of $18.80 on volume of 9.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Nasdaq Leads As Stocks Bounce Back; GoPro Breaks Out
at Investor's Business Daily - Fri Aug 29, 11:03AM CDT
Stocks climbed back into positive territory after spending time in the red. Thanks to gains in a number of software stocks, the Nasdaq rallied 0.4% to a new session high. The S&P 500 rose 0.2% while the Dow Jones industrial average ticked up a...

Why Kandi Technologies (KNDI) Stock Is Down Today
at The Street - Fri Aug 29, 9:43AM CDT
Kandi Technologies (KNDI) shares dropped after the company announced a securities purchase agreement for a direct placement of common stock at $17.20 per share for a total of $71 million.

Kandi Technologies Announces Entry Into Agreement for Registered Direct Placement of $71 Million of Common Stock and Warrants
GlobeNewswire - Fri Aug 29, 8:31AM CDT
Kandi Technologies Group, Inc. (the "Company" or "Kandi" (Nasdaq:KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $71 million of common stock at a price of $17.20 per share. The Company will issue a total of 4,127,908 shares of common stock to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants" for the purchase of up to 743,024 shares of common stock at an exercise price of $21.50 per share, which Warrants will have a term of 17 months from the date of issuance. Any investor that invests more than $30 million in the initial offering of shares and Warrants will have an option to purchase its pro rata share of up to $30 million of additional shares for a period commencing after the initial closing date and ending on November 17, 2014, and investors exercising such option will also receive Warrants for the purchase of an aggregate of up to 313,954 shares of our common stock. Assuming that the investors exercise all of their options, the total gross proceeds of the offering would be $101 million.

Kandi Reports 631% Surge In Chinese Electric Cars
at Investor's Business Daily - Wed Aug 27, 11:41AM CDT
Kandi Technologies (KNDI) reported Wednesday a massive jump in the number of pure electric vehicles (EV) produced in China last month. The Chinese maker of electric vehicles, which has a joint venture with Geely, said total EV production soared 631%...

Kandi Technologies Reports Its Kandi Brand EVs Once Again Led China's Pure EV Production in July of 2014
GlobeNewswire - Wed Aug 27, 8:05AM CDT
Kandi Technologies Group, Inc. (the "Company" or "Kandi" (Nasdaq:KNDI), announced today that www.d1ev.com, the leading platform for new energy vehicle information and trading in China, released the newest data for China's pure electric vehicle ("EV" production in July.

Why Kandi Technologies Group Inc. Stock Popped 5% Today
Daniel Sparks, The Motley Fool - Motley Fool - Tue Aug 26, 4:07PM CDT
Investors following electric-vehicle maker Kandi Technologies have likely become accustomed to volatility. In the last month alone shares have jumped between $16 and $20. But the stock's 5% spike today was bigger than usual. Here's the story. ...

Tesla Compatible? China May Invest In E-Car Charging
at Investor's Business Daily - Tue Aug 26, 10:16AM CDT
China's government might provide as much as $16 billion to build electric-car charging stations, looking to spur demand for e-cars as the nation fights its pollution problem, Bloomberg News reported Tuesday, citing two unnamed people familiar with...

Trade-Ideas: Kandi Technologies Group (KNDI) Is Today's "Dead Cat Bounce" Stock
at The Street - Tue Aug 26, 8:45AM CDT
Trade-Ideas LLC identified Kandi Technologies Group (KNDI) as a "dead cat bounce" (down big yesterday but up big today) candidate
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