secwatch.observer — SEC 8-K summary
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Issuer:     Cenntro Inc. (CENN)
CIK:        0001707919
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0001140361-26-014798
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cenntro effects 1-for-60 reverse stock split to address Nasdaq bid price compliance
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- 1-for-60 reverse split effective April 13, 2026; shares outstanding reduced from ~87.9M to ~1.47M.
- Authorized common shares cut from 1B to ~16.7M; preferred from 100M to 1.67M.
- Split targets Nasdaq minimum $1.00 bid price under Listing Rule 5550(a)(2).
- No fractional shares issued; stockholders of record receive one whole share for any fraction.
- CUSIP changes to 150964302; stock continues trading as CENN.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1707919/000114036126014798/0001140361-26-014798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1707919/000114036126014798/ef20070568_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-014798

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