regulatory
confidence high
sentiment neutral
materiality 0.50
Cenntro granted 180-day extension to April 2026 for Nasdaq minimum bid compliance
Cenntro Inc.
- Original compliance deadline extended from Oct 22, 2025 to April 20, 2026.
- Must maintain closing bid price >=$1.00 for 10 consecutive business days to regain compliance.
- Company intends to cure deficiency and may effect a reverse stock split if needed.
- No immediate effect on trading of CENN common stock on Nasdaq Capital Market.
- Previously notified of non-compliance on April 25, 2025 due to bid price below $1.00 for 30 days.
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