Cenntro INC

Market Movers (8-K)

NASDAQ
Cenntro Inc. has amended its articles of incorporation to substantially increase its authorized common and preferred stock, effective July 20, 2026.
Capital raise
NASDAQ
Cenntro Inc. has successfully closed a private placement of 1,000,000 shares of common stock, raising approximately $3.93 million in gross proceeds.
Capital raise
NASDAQ
Cenntro Inc. has entered into a private placement agreement to raise $3.93 million through the sale of 1,000,000 shares of common stock, with an amendment allowing for payment in stablecoins.
Capital raise
NASDAQ
Cenntro Inc. has officially regained compliance with Nasdaq's minimum bid price requirement, resolving a potential delisting risk.
NASDAQ
Cenntro Inc. has implemented a 1-for-60 reverse stock split to regain compliance with Nasdaq minimum bid price requirements.
NASDAQ
Cenntro Inc. announced the resignation of independent director Gang Gavin Lin and the appointment of Charles Athle Nelson to its Board of Directors and Audit Committee.

Quarterly Earnings (10-Q)

NASDAQ
Cenntro Inc. reported a significant decrease in net revenues for the first quarter of 2026, primarily driven by lower vehicle sales, while implementing cost-saving measures.
Worse than expected
Capital raise
NASDAQ
Cenntro Inc. reported a net loss of $6.7 million for Q3 2025 and $22.3 million for the nine months ended September 30, 2025, alongside significant revenue and gross profit declines, while strategically restructuring its European operations.
Capital raise
Worse than expected
NASDAQ
Cenntro Inc. reported a significant net loss and declining revenue for the second quarter and first half of 2025, alongside strategic operational shifts and ongoing legal challenges.
Worse than expected
Capital raise
NASDAQ
Cenntro Inc. reports a decrease in net revenue for Q1 2025, driven by lower spare-part sales, as the company restructures its European operations and focuses on North America and Asia.
Worse than expected
NASDAQ
Cenntro Inc. saw a significant increase in revenue during the third quarter of 2024, but the company still reported a net loss.
Worse than expected
NASDAQ
Cenntro Inc. saw a significant increase in revenue during the second quarter of 2024, but also experienced a substantial net loss due to increased operating expenses and inventory write-downs.
Worse than expected

Annual Reports (10-K)

NASDAQ
Cenntro Inc. filed its annual report on Form 10-K for the fiscal year ended December 31, 2025, detailing a significant decrease in revenue and a net loss, alongside strategic shifts in its distribution model and product development.
Worse than expected
NASDAQ
Cenntro Inc.'s 2024 10-K filing reveals a company in transition, focusing on strategic realignment and expansion in the electric vehicle market despite ongoing financial challenges.
Delay expected
Worse than expected
NASDAQ
Cenntro Inc., a designer and manufacturer of electric commercial vehicles, reported its fiscal year 2023 results, highlighting a shift towards internally generated cash flow and operational efficiency improvements.
Worse than expected

Proxy Statements (Def-14A)

NASDAQ
Cenntro Inc. announced its 2025 Annual Meeting of Stockholders, to be held virtually on August 15, 2025, to vote on the re-election of four directors, the ratification of GGF CPA LTD as independent auditors for 2025, and a proposal to approve meeting adjournment.
NASDAQ
Cenntro Inc. has announced a definitive information statement regarding a Board-approved reverse stock split, with a ratio between 1-for-10 and 1-for-250, aimed at regaining compliance with Nasdaq's minimum bid price requirement.
Worse than expected
Capital raise
NASDAQ
Cenntro Inc. has filed a definitive proxy statement with the Securities and Exchange Commission (SEC) pertaining to its upcoming shareholder meeting.
NASDAQ
Cenntro Inc. announces its annual meeting of stockholders to be held virtually on December 19, 2024, to vote on the election of directors, ratification of the appointment of the independent auditor, and approval of an adjournment proposal.