CENN news

Cenntro delivered 20 LS450 electric trucks under New York's incentive programs, generating $2.44M in revenue. Additional government incentives in California and New Jersey support U.S. adoption.

Cenntro Inc. entered into a sales agreement with Pacific Century Securities, LLC authorizing the offer and sale of up to $100,000,000 of common stock. The transaction is expected to provide the company with flexibility to access capital through an at-the-market offering mechanism.

Cenntro has amended its securities purchase agreement to reduce the offering size to 15.12 million shares at $3.77 per share. This amendment reflects a significant downward adjustment from the prior agreement and raises questions about the company's capital raising needs.

Cenntro Inc. filed an Amended and Restated Articles of Incorporation with the Nevada Secretary of State, changing the business purpose to allow for the offering, purchase, and redemption of equity securities that are provided in exchange for consideration. The filing is effective July 22, 2026.

Cenntro Inc. agreed to sell 1,000,000 shares of common stock for $3.93 million in a private placement under Securities Act exemptions. The offering provides capital for the Nasdaq-listed electric vehicle company.