home · filing · 0001140361-24-009726
8-K12B
filed February 27, 2024, 6:59 PM ET
ticker CENN
CIK 0001707919
other material
confidence high
sentiment neutral
materiality 0.60
Cenntro Inc. (CENN): M&A transaction — Cenntro completes redomiciliation from Australia to Nevada; stock continues as CENN
Cenntro Inc.
Redomiciliation completed Feb 27, 2024 via scheme of arrangement; all CEGL shares exchanged 1:1 for Cenntro Inc. common stock.
New CUSIP 150964104; trading symbol unchanged at CENN on Nasdaq; company becomes successor issuer under Exchange Act.
Board of five directors, four independent; Stephen Markscheid appointed director effective Nov 2023.
Cenntro assumed CEGL's option obligations; adopted 2023 Equity Incentive Plan and new code of ethics/business conduct.
Nevada anti-takeover statutes now potentially applicable; Nevada becomes jurisdiction of incorporation.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Appointed
Stephen Markscheid
Director
Effective 2023-11-01
Filed February 27, 2024, 6:59 PM ET
Mr. Stephen Markscheid was appointed a director on November 1, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen Markscheid was appointed as Director at Cenntro Inc..
Action appointed
Role Director
Exact text from the filing
Mr. Stephen Markscheid was appointed a director on November 1, 2023.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.7
Cenntro Inc.: Adopted a code of ethics and business conduct.
Change code of ethics
Exact text from the filing
On the Implementation Date, the Company adopted a code of ethics and business conduct (the “ Code ”)
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.7
Cenntro Inc.: Amended and restated bylaws approved in connection with redomiciliation.
Change bylaw amendment
Exact text from the filing
the Company’s Board approved the Company’s Articles and amended and restated bylaws (the “ Bylaws ”)
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Cenntro Inc. underwent a change of control involving Cenntro Electric Group Limited (closed 2024-02-27).
Action change of control
Counterparty Cenntro Electric Group Limited
Closing 2024-02-27
Exact text from the filing
On February 27, 2024 (the “ Implementation Date ”), the redomiciliation of Cenntro Electric Group Limited
View on SEC.gov
Source: SEC EDGAR
accession 0001140361-24-009726
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