Mu Li, 10% Owner at CBAK Energy Technology, Inc. (CBAT), bought 4,302,034 shares at $0.48 ($2.1M) on 2020-06-03, disclosed to the SEC on 2020-06-05.
Open-market purchase of $2.1M CBAT by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.48 | 2,151,017 | $1.0M | 50.0% |
| 2 | $0.48 | 2,151,017 | $1.0M | 50.0% |
| Total | $0.48 avg | 4,302,034 | $2.1M | 100% |