M&A
confidence high
sentiment neutral
materiality 0.60
Cenntro shareholders approve redomiciliation to US; 97.5% votes for scheme
Cenntro Inc.
- 97.5% of votes cast (11,205,948 for, 245,023 against) and 71.16% of shareholders voted in favor of the scheme.
- Second court hearing for final approval scheduled for February 14, 2024 at 9:15am.
- If approved, scheme effective February 15, 2024 (ASIC filing) and implemented February 27, 2024.
- Cenntro will redomicile to Nevada and become a subsidiary of new HoldCo, Cenntro Inc.