secwatch.observer — SEC 8-K summary
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Issuer:     Cenntro Inc. (CENN)
CIK:        0001707919
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001140361-23-055287
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cenntro postpones 1-for-10 reverse stock split pending DTCC eligibility
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- Reverse stock split postponed; effective date TBD pending DTCC confirmation of post-split share eligibility.
- The 1-for-10 split aims to regain Nasdaq minimum $1.00 bid price compliance by December 18, 2023.
- Post-split shares outstanding would reduce from ~304.4M to ~30.4M (plus fractional share adjustments).
- No fractional shares will be issued; whole share issued for any fractional interest.
- Trading symbol remains CENN; new CUSIP after split: Q6519V146.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707919/000114036123055287/0001140361-23-055287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707919/000114036123055287/ef20015695_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-055287

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