other material
confidence high
sentiment positive
materiality 0.75
Cenntro sets Jan 24 shareholder vote for US re-domiciliation; LS400 gets California HVIP $60K voucher
Cenntro Inc.
- Supreme Court of NSW ordered Cenntro to convene scheme meeting on Jan 24, 2024 for re-domiciliation from Australia to Nevada.
- Scheme booklet registered with ASIC; independent expert Lonergan Edwards concludes scheme in best interests of shareholders.
- Board unanimously recommends voting in favor; second court hearing scheduled for Feb 1, 2024.
- Logistar 400 all-electric class 4 truck approved for California HVIP, providing $60,000 point-of-sale voucher.
- LS400 previously received CARB zero-emission certification in June 2023 and EPA certificate of conformity in Dec 2022.