0001104659-23-097078.txt : 20230831 0001104659-23-097078.hdr.sgml : 20230831 20230831080013 ACCESSION NUMBER: 0001104659-23-097078 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20230831 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230831 DATE AS OF CHANGE: 20230831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KULR Technology Group, Inc. CENTRAL INDEX KEY: 0001662684 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 811004273 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40454 FILM NUMBER: 231227032 BUSINESS ADDRESS: STREET 1: 4863 SHAWLINE STREET CITY: SAN DIEGO STATE: CA ZIP: 92111 BUSINESS PHONE: 408-663-5247 MAIL ADDRESS: STREET 1: 4863 SHAWLINE STREET CITY: SAN DIEGO STATE: CA ZIP: 92111 FORMER COMPANY: FORMER CONFORMED NAME: KT High-Tech Marketing Inc. DATE OF NAME CHANGE: 20160420 FORMER COMPANY: FORMER CONFORMED NAME: Grant Hill Acquisition Corp DATE OF NAME CHANGE: 20151231 8-K 1 tm2325228d1_8k.htm FORM 8-K
0001662684 false 0001662684 2023-08-31 2023-08-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): August 31, 2023

 

KULR TECHNOLOGY GROUP, INC.
(Exact name of the registrant as specified in its charter)

  

Delaware   001-40454   81-1004273
(State or other jurisdiction of
incorporation)
 

(Commission
File Number)

  (IRS Employer Identification
No.)

 

4863 Shawline Street, San Diego, California 92111

(Address of principle executive offices) (Zip code)

 

Registrant’s telephone number, including area code: (408) 663-5247

 

 

(Former name or 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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock    KULR   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure

 

On August 31, 2023, KULR Technology Group, Inc. (the “Company”) issued a press release announcing its latest purchase order from the National Aeronautics and Space Administration (NASA), an independent agency of the U.S. federal government, as part of a multi-phase agreement for its advanced automated battery cell screening system.

 

A copy of the above-mentioned press release is attached herewith as Exhibit 99.1.

 

By filing this Current Report on Form 8-K and furnishing the information contained herein, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by reason of Regulation FD. The Company uses, and will continue to use, its website, press releases, and various social media channels, including its Twitter account (twitter.com/kulrtech), its LinkedIn account (linkedin.com/company/kulr-technology-corporation), its Facebook account (facebook.com/KULRTechnology), its TikTok account (tiktok.com/Kulr_tech), its Instagram account (instagram.com/Kulr_tech), and its YouTube account (youtube.com/channel/UC3wZBPINQd51N6p35Mo5uQg), as additional means of disclosing public information to investors, the media and others interested in the Company. It is possible that certain information that the Company posts on its website, disseminated in press releases and on social media could be deemed to be material information, and the Company encourages investors, the media and others interested in the Company to review the business and financial information that the Company posts on its website, disseminates in press releases and on the social media channels identified above, as such information could be deemed to be material information.

 

The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibits 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Exhibits

 

Exhibit
No.
  Description
99.1   Press Release dated August 31, 2023
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.

 

  KULR TECHNOLOGY GROUP, INC.
   
Date: August 31, 2023 By: /s/ Michael Mo
    Michael Mo
    Chief Executive Officer

 

 

EX-99.1 2 tm2325228d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

 

KULR Secures Third NASA Order for Automated Battery Cell Testing Services

 

SAN DIEGO / GLOBENEWSWIRE / August 31, 2023 / KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, is pleased to announce today the latest purchase order from the National Aeronautics and Space Administration (“NASA”), an independent agency of the U.S. federal government, as part of a multi-phase agreement for its advanced automated battery cell screening system. This recent procurement involves the assessment of 10,000 LG Chem Lithium-Ion INR18650 M36T cells.

 

According to Straits Research, the global battery cell testing market was valued at USD 5 billion in 2021 and is anticipated to reach USD 7 billion by 2030. The market is projected to grow at a CAGR of 4% during the forecast period (2022–2030).

 

In collaboration with NASA, KULR specializes in the evaluation of battery cells vital for manned space missions. Due to increasing demand, the company plans to expand its technology to support 21700 cells, with functionality expected by the end of the current year. This enhancement will amplify the safety, dependability, and efficacy of cells for a broader array of mission-critical applications.

 

KULR's modular screening technology allows for easy scalability to meet evolving market needs. This project signifies another key development in the strategic partnership between KULR and NASA, reinforcing KULR's role as a crucial player in aerospace energy management and battery safety.

 

As the push for electrification and sustainable energy intensifies, the KULR team believes that it is optimally positioned to capitalize on emerging opportunities. This endeavor has also paved the way for further collaborative efforts within the sector, focused on advancing battery design and safety measures.

 

About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic suite of products and services to enable its customers across disciplines to operate with efficiency and sustainability in mind. For more information, please visit www.kulrtechnology.com.

 

 

 

 

Safe Harbor Statement   
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 28, 2023. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.  

 

Investor Relations:

KULR Technology Group, Inc.

Phone: 858-866-8478 x 847

Email: ir@kulrtechnology.com

 

Media Relations:

Further PR

Email: press@furtherpr.com

 

 

 

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Entity File Number 001-40454
Entity Registrant Name KULR TECHNOLOGY GROUP, INC.
Entity Central Index Key 0001662684
Entity Tax Identification Number 81-1004273
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 4863 Shawline Street
Entity Address, City or Town San Diego
Entity Address, State or Province CA
Entity Address, Postal Zip Code 92111
City Area Code 408
Local Phone Number 663-5247
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Title of 12(b) Security Common Stock
Trading Symbol KULR
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