---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-020044"
form_type: "8-K"
ticker: "CENN"
cik: "0001707919"
company_name: "Cenntro Inc."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:38:04.026430+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cenntro amends $52.2M note floor price to $0.202; director resigns

## Summary
- First Amendment to $52.2M senior secured note sets conversion floor at $0.202, an 80% discount of prior day's closing bid.
- Conversion price remains the lesser of fixed conversion price or 85% of 10-day VWAP; 9.99% ownership cap unchanged.
- Director Dr. Yi Zeng resigned from the Board and audit committee effective May 15, 2025, with no stated disagreement.
- Board intends to fill the audit committee vacancy left by Dr. Zeng's resignation.

## SEC filing metadata
- accession: 0001140361-25-020044
- form_type: 8-K
- ticker: CENN
- cik: 0001707919
- company_name: Cenntro Inc.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1707919/000114036125020044/0001140361-25-020044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1707919/000114036125020044/ef20049506_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-020044
- JSON: https://secwatch.observer/filing/0001140361-25-020044.json
- Plain text: https://secwatch.observer/filing/0001140361-25-020044.txt

## Key facts
- Executive change
  Yi Zeng resigned as Director at Cenntro Inc..
  - Action: resigned
  - Role: Director
  source text: On May 15, 2025, Dr. Yi Zeng, the director (the “Director”) of the Company, notified the board of directors of the Company (the “Board”) of his decision to resign his position on the Board of the Company and as a member of the audit committee of the Board , effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1707919/000114036125020044/0001140361-25-020044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.