Cenntro Inc. (CENN): debt financing — Cenntro exchanges $4M convertible note for equity; issues 12M shares to About Pte

Cenntro Inc.

Entered exchange agreement with About Investment Pte. to replace existing senior secured convertible note with new $4M note at 8% interest, due Jan 19, 2026.
Note immediately converted into 12,000,000 shares of CENN common stock at $0.0001 par value.
Issuance exempt from registration under Section 3(a)(9) of the Securities Act as an exchange with existing security holder.
Prior note was originally issued July 2022, assigned to About Pte, and amended to extend maturity to Jan 19, 2026.

item 1.01 item 1.02 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Cenntro Inc. incurred convertible notes of $4,000,000 with About Investment Pte. Ltd. at 8% per annum maturing January 19, 2026.

Instrument: convertible notes
Principal: $4,000,000
Counterparty: About Investment Pte. Ltd.
Rate: 8% per annum
Maturity: January 19, 2026
Event: incurrence

Exact text from the filing

About Pte received a new secured convertible promissory note issued on October 23, 2025, in the principal amount of $4,000,000, with an interest rate of 8% per annum and a maturity date of January 19, 2026

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Cenntro Inc. issued 12,000,000 shares of Common Stock of common stock to About Investment Pte. Ltd..

Security: common stock
Shares: 12,000,000 shares of Common Stock
Purchaser: About Investment Pte. Ltd.

Exact text from the filing

About Pte has converted the Exchange Note to purchase an aggregate of 12,000,000 shares of common stock, $0.0001 par value per share (the “Common Stock”) of the Company, and the Company has issued to the About Pte 12,000,000 shares of Common Stock in accordance with the terms of the Exchange Note.

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101 debt financings filed in the last 30 days. Browse all debt financings →

Cenntro Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-039603

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