other material
confidence high
sentiment neutral
materiality 0.50
Cenntro adjourns second court hearing for Australia-to-US redomiciliation scheme to Feb 16
Cenntro Inc.
- Supreme Court of NSW adjourned second hearing from Feb 14 to Feb 16, 2024 at 9:15am AEDT.
- Adjournment sought to allow Cenntro to prepare further evidence on shareholder voting results.
- Scheme subject to court approval; if approved, implementation targeted for Feb 27, 2024.
- Under scheme, Cenntro becomes subsidiary of new Nevada holding company Cenntro Inc.
- Updated timetable: record date Feb 22, dispatch of HoldCo shares begins Feb 29.