Cenntro Inc. (CENN): Nasdaq/NYSE listing notice — Cenntro receives Nasdaq non-compliance notice for late filing of 10-K and Q1 10-Q

Cenntro Inc.

Received Nasdaq notice on May 17, 2023 for failure to timely file FY2022 10-K and Q1 2023 10-Q.
Original notice received April 25, 2023 for late 10-K; supplemental notice adds Q1 10-Q noncompliance.
Has 60 days from April 25 to submit a compliance plan; Nasdaq may grant up to 180-day extension to October 16, 2023.
Shares continue trading on Nasdaq Capital Market with no immediate delisting, but risk exists if plan is rejected or extension expires.
Company engaged with new auditor to formulate a plan and complete required filings to regain compliance.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

Cenntro Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

May 17, 2023, Cenntro Electric Group Limited ACN 619 054 938 (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule (the “Rule”) 5250(c)(1), because the Company did not timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2023, with the United States Securities and Exchange Commission (the “SEC”). As previously reported, the Company also received a letter from Nasdaq on April 25, 2023 (the “Original Notice”) regarding the Company’s

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Cenntro Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-025745

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