Cenntro Inc. issued 1,000,000 shares of common stock of common stock to accredited investors for $3.93 per share, for gross proceeds of approximately $3,930,000.
“an aggregate of 1,000,000 shares of common stock, par value $0.0001 per share (the “Common Stock”) at a purchase price of $3.93 per share, for gross proceeds of approximately $3,930,000. The Private Placement closed on June 2, 2026.”
Material Agreements
Cenntro Inc. amended First Amendment with the Investors (effective 2026-05-19).
“On May 19, 2026, the Company and the Investors entered into an amendment to the securities purchase agreement (the “First Amendment”), pursuant to which the parties agreed to amend the provisions relating to delivery of the shares of Common Stock and purchase price, including availing subscription in stablecoins.”
Material Agreements
Cenntro Inc. entered into securities purchase agreement with certain accredited investors valued at gross proceeds of approximately $3,930,000 (effective 2026-05-12).
“On May 12, 2026, Cenntro Inc., a Nevada corporation (the “Company”) entered into securities purchase agreements with certain accredited investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in a private placement (the “Private Placement”), an aggregate of 1,000,000 shares of common stock, par value $0.0001 per share (the “Common Stock”) at a purchase price of $3.93 per share, which is the closing price of the shares of Common Stock of the Company on the same day, for gross proceeds of approximately $3,930,000.”
Governance Changes
Cenntro Inc.: Approved and filed a Certificate of Amendment to effect a 1-for-60 reverse stock split and proportionally reduce authorized shares of common and preferred stock (effective 2026-04-13).
“On April 13, 2026, the Company filed a Certificate of Amendment to Amended and Restated Articles of Incorporation with the Secretary of State of Nevada.”
Equity Issuances
Cenntro Inc. issued 12,000,000 shares of Common Stock of common stock to About Investment Pte. Ltd..
“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.”
Debt Financings
Cenntro Inc. incurred convertible notes of $4,000,000 with About Investment Pte. Ltd. at 8% per annum maturing January 19, 2026.
“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”
Guangguang "Steve" Qin was appointed as director at Cenntro Inc..
“the appointment of Mr. Guangguang “Steve” Qin with annual compensation of US$45,000 as the succeeding director to fill in the vacancy”
Jiawei "Joe" Tong resigned as director at Cenntro Inc..
“Mr. Jiawei “Joe” Tong, 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”
Yi Zeng resigned as Director at Cenntro Inc..
“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.”
Listing & Compliance Notices
Cenntro Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“April 25, 2025 (the “Notification Date”), Cenntro Inc. (the “Company”) received a letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share (the “Minimum Bid Price Requirement”), as set forth in Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company’s common stock was below $1.00 per share for thirty consecutive business days. The Notice does not impact the listing of the Company’s common stock on the Nasdaq Capital Market. In accord”
Yi Zeng was appointed as Independent Director and Audit Committee Member at Cenntro Inc..
“the Board did rectify the vacancy with the appointment Dr. Yi Zeng, an independent director of the Board as a member of the audit committee of the Board, effective April 3, 2024.”
Stephen Markscheid resigned as Independent Director at Cenntro Inc..
“the board of directors (the “Board”) of Cenntro Inc. (the “Company”) accepted the resignation of Stephen Markscheid as independent director of the Board effective April 3, 2024.”
Stephen Markscheid resigned as director at Cenntro Inc..
“On April 2, 2024, Stephen Markscheid, the director (the “Director”) of Cenntro Inc. (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, effective immediately.”
Edward Ye was appointed as acting CFO at Cenntro Inc..
“the Board appointed Edward Ye, the corporate controller of the Company to serve as the Company’s acting CFO with annual compensation of US$91,555 to fill the vacancy created by Mr. Cheng effective as of March 1, 2024.”
Edmond Cheng departed as chief financial officer at Cenntro Inc..
“On March 1, 2024, Edmond Cheng, the chief financial officer (“CFO”) of Cenntro Inc. (the “Company”), notified the Board of Directors of the Company (the “Board”) of his intention not to renew his employment agreement with the Company and his service as CFO to the Company ended March 1, 2024.”
Governance Changes
Cenntro Inc.: Adopted a code of ethics and business conduct.
“On the Implementation Date, the Company adopted a code of ethics and business conduct (the “ Code ”)”
Governance Changes
Cenntro Inc.: Amended and restated bylaws approved in connection with redomiciliation.
“the Company’s Board approved the Company’s Articles and amended and restated bylaws (the “ Bylaws ”)”
M&A Transactions
Cenntro Inc. underwent a change of control involving Cenntro Electric Group Limited (closed 2024-02-27).
“On February 27, 2024 (the “ Implementation Date ”), the redomiciliation of Cenntro Electric Group Limited”
Stephen Markscheid was appointed as Director at Cenntro Inc..
“Mr. Stephen Markscheid was appointed a director on November 1, 2023.”
Shareholder Votes
Cenntro Inc. shareholders approved To adopt a scheme of arrangement to redomicile from Australia into Nevada by means of a holding company structure at the 2024-01-24 meeting.
“Number of Votes For Number of Votes Against Number of Votes Abstain Total Votes Cast 11,205,948 245,023 41,266 11,492,237”
Steven Markscheid was appointed as Class I Director at Cenntro Inc..
“on October 30, 2023 the Board appointed Steven Markscheid to the Board to fill the resulting vacancy, effective October 30, 2023.”
Christopher Thorne resigned as Class I Director at Cenntro Inc..
“on October 22, 2023, Mr. Christopher Thorne, a class I director of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”), notified the board of directors of the Company (the “Board”) of his intention to resign as a director and as a member of our nominating committee, audit committee and compensation committee , effective on October 23, 2023.”
Benjamin B. Ge was appointed as Audit Committee Chair at Cenntro Inc..
“On October 26, 2023, due to Mr. Thorne’s resignation and at the recommendation of the compensation committee of the Board, the Board appointed Mr. Benjamin B. Ge, a class III director of the Company as chairman to the audit committee of the Board.”
Christopher Thorne resigned as Class I Director and Audit Committee Chair at Cenntro Inc..
“On October 22, 2023, Mr. Christopher Thorne, a class I director of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”), notified the board of directors of the Company (the “Board”) of his intention to resign as a director and as chair of the audit committee of the Company and as a member of the nominating and compensation committees of the Company , effective on October 23, 2023.”
Material Agreements
Cenntro Inc. entered into Scheme Implementation Agreement with Cenntro Inc. (effective 2023-09-08).
“On September 8, 2023, Cenntro Electric Group Limited ACN 619 054 938 (the “Company”) entered into a Scheme Implementation Agreement with Cenntro Inc.”
Shareholder Votes
Cenntro Inc. shareholders approved To approve the consolidation of Ordinary Shares on a one-for-ten basis at the 2023-09-01 meeting.
“PROPOSAL: To approve the consolidation of the Ordinary Shares on a one-for-ten (1:10) basis by passing the following resolution (the “Stock Split Proposal”) To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “ THAT for the purposes of section 254H of the Corporations Act 2001 (Cth) and for all other purposes, approval is given for the Company to consolidate the issued capital of the Company on the basis that every ten Ordinary Shares be consolidated into one Ordinary Share on the terms set out in the accompanying Explanatory Memorandum with effect from December 1, 2023. For Against Abstain 116,094,695 21,031,458 1,066,836”
Shareholder Votes
Cenntro Inc. shareholders approved To ratify the appointment of Good Faith CPA Limited as the Company's independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-09-01 meeting.
“PROPOSAL: To ratify the appointment of Good Faith CPA Limited (“Good Faith”) as the Company’s United States independent registered public accounting firm for the fiscal year ending December 31, 2023 (the “Appointment Proposal””) by passing the following resolution: To consider and, if thought fit, to pass, with or without amendment, the following ordinary resolution. “ THAT Good Faith CPA Limited is ratified as the Company’s independent registered public accounting firm for the year ending December 31, 2023. ” For Against Abstain 130,215,801 5,790,883 2,186,305”
Shareholder Votes
Cenntro Inc. shareholders approved To re-elect Yi Zeng as a Class II director at the 2023-09-01 meeting.
“PROPOSAL: To re-elect Yi Zeng as a Class II director of the Company (the “Director Election Proposal 2” or “Proposal 2”) by passing the following resolution: To consider and, if thought fit, to pass the following resolution as an ordinary resolution in accordance with Rule 19.3(f) of the Constitution: “ THAT, Yi Zeng be re-elected as a Class II Director; ” For Against Abstain 97,078,728 2,854,677 1,507,327”
Shareholder Votes
Cenntro Inc. shareholders approved To re-elect Jiawei 'Joe' Tong as a Class II director at the 2023-09-01 meeting.
“PROPOSAL: To re-elect Jiawei “Joe” Tong as a Class II director of the Company (the “Director Election Proposal 1” or “Proposal.1”) by passing the following resolution: To consider and, if thought fit, to pass the following resolution as an ordinary resolution in accordance with Rule 19.3(f) of the Company's Constitution (“Constitution”): “ THAT, Jiawei “Joe” Tong be re-elected as a Class II Director; ” For Against Abstain 96,833,987 3,177,142 1,429,603”
Shareholder Votes
Cenntro Inc. shareholders approved To approve the consolidation of the Ordinary Shares on a one-for-ten (1:10) basis at the 2023-09-01 meeting.
“PROPOSAL: To approve the consolidation of the Ordinary Shares on a one-for-ten (1:10) basis by passing the following resolution (the “Stock Split Proposal”) To consider and, if thought fit, to pass the following resolution as an ordinary resolution: “ THAT for the purposes of section 254H of the Corporations Act 2001 (Cth) and for all other purposes, approval is given for the Company to consolidate the issued capital of the Company on the basis that every ten Ordinary Shares be consolidated into one Ordinary Share on the terms set out in the accompanying Explanatory Memorandum with effect from December 1, 2023. For Against Abstain 140,571,150 24,240,387 1,615,129”
Shareholder Votes
Cenntro Inc. shareholders approved To ratify the appointment of Good Faith CPA Limited as the Company’s United States independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-09-01 meeting.
“PROPOSAL: To ratify the appointment of Good Faith CPA Limited (“Good Faith”) as the Company’s United States independent registered public accounting firm for the fiscal year ending December 31, 2023 (the “Appointment Proposal””) by passing the following resolution: To consider and, if thought fit, to pass, with or without amendment, the following ordinary resolution. “ THAT Good Faith CPA Limited is ratified as the Company’s independent registered public accounting firm for the year ending December 31, 2023. ” For Against Abstain 156,450,766 7,346,697 2,629,203”
Shareholder Votes
Cenntro Inc. shareholders approved To re-elect Yi Zeng as a Class II director at the 2023-09-01 meeting.
“PROPOSAL: To re-elect Yi Zeng as a Class II director of the Company (the “Director Election Proposal 2” or “Proposal 2”) by passing the following resolution: To consider and, if thought fit, to pass the following resolution as an ordinary resolution in accordance with Rule 19.3(f) of the Constitution: “ THAT, Yi Zeng be re-elected as a Class II Director; ” For Against Abstain 103,263,410 5,240,180 1,884,163”
Shareholder Votes
Cenntro Inc. shareholders approved To re-elect Jiawei “Joe” Tong as a Class II director at the 2023-09-01 meeting.
“PROPOSAL: To re-elect Jiawei “Joe” Tong as a Class II director of the Company (the “Director Election Proposal 1” or “Proposal.1”) by passing the following resolution: To consider and, if thought fit, to pass the following resolution as an ordinary resolution in accordance with Rule 19.3(f) of the Company's Constitution (“Constitution”): “ THAT, Jiawei “Joe” Tong be re-elected as a Class II Director; ” For Against Abstain 102,864,977 5,697,054 1,825,722”
Listing & Compliance Notices
Cenntro Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
“June 21, 2023, the Company received written notice (the "Notice") from Nasdaq notifying the Company that the Ordinary Shares had not regained compliance with the Minimum Bid Price Requirement. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is eligible for an additional 180 calendar day period from the date of the receipt of the Notice or until December 18, 2023, to regain compliance with the Minimum Bid Price Requirement. If at any time before December 18, 2023, the bid price of the Company's Ordinary Shares closes at $1.00 per share or more for a minimum of ten consecutive busi”
Listing & Compliance Notices
Cenntro Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).
“May 17, 2023, Cenntro Electric Group Limited ACN 619 054 938 (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule (the “Rule”) 5250(c)(1), because the Company did not timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2023, with the United States Securities and Exchange Commission (the “SEC”). As previously reported, the Company also received a letter from Nasdaq on April 25, 2023 (the “Original Notice”) regarding the Company’s”
Listing & Compliance Notices
Cenntro Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 25, 2023, the Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule (“Rule”) 5250(c)(1), because the Company did not timely file its annual report on Form 10-K for the year ended December 31, 2022 with the SEC. The Rule requires listed companies to timely file all required periodic financial reports with the SEC. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Notice (April 25, 2023) or until June 23, 2023, to submit a plan to regain”
Auditor Changes
Cenntro Inc. engaged Good Faith CPA Limited as its auditor.
“(b) Newly Engaged Independent Registered Public Accounting Firm On March 28, 2023, the Company and Good Faith CPA Limited (“Good Faith”) entered into an engagement agreement and April 14, 2023, the Board of Directors ratified the appointment of Good Faith as the Company’s independent public accounting firm for the fiscal year ended December 31, 2022.”
Auditor Changes
Cenntro Inc. dismissed Marcum Asia CPAs LLP as its auditor.
“(a) Dismissal of Independent Registered Public Accounting Firm On April 14, 2023, the Audit Committee (the “Audit Committee”) of the Board of Directors of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”) approved the dismissal of Marcum Asia CPAs LLP (“Marcum Asia”) as the Company’s independent registered public accounting firm effective April 17, 2023.”
Auditor Changes
Cenntro Inc. engaged Good Faith CPA Limited as its auditor.
“On March 28, 2023, the Company and Good Faith CPA Limited (“Good Faith”) entered into an engagement agreement and April 14, 2023, the Board of Directors ratified the appointment of Good Faith as the Company’s independent public accounting firm for the fiscal year ended December 31, 2022.”
Auditor Changes
Cenntro Inc. dismissed Marcum Asia CPAs LLP as its auditor.
“On April 14, 2023, the Audit Committee (the “Audit Committee”) of the Board of Directors of Cenntro Electric Group Limited ACN 619 054 938 (the “Company”) approved the dismissal of Marcum Asia CPAs LLP (“Marcum Asia”) as the Company’s independent registered public accounting firm effective April 17, 2023.”
Material Agreements
Cenntro Inc. entered into Share Purchase Agreement with Mosolf SE & Co. KG valued at €1,750,000 (effective 2022-12-13).
“On December 13, 2022, Cenntro Electric Group Limited ACN 619 054 938 (the “Company” or “Cenntro”), through its wholly-owned subsidiary, Cenntro Electric Group, Inc., a Delaware corporation (“CEG”), entered into a Share Purchase Agreement (the “Purchase Agreement”) with Mosolf SE & Co. KG, a limited liability partnership incorporated under the laws of Germany (“Mosolf,” and together with CEG, the “Parties”), pursuant to which Mosolf agreed to sell to CEG 35% of the issued and outstanding shares (the “CAE Shares”) in Cenntro Automotive Europe GmbH, a German limited liability company (“CAE”) in exchange for a purchase price of €1,750,000 (the “Transaction”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.