Cenntro plans private placement of 1,000,000 shares at $3.93 each

Cenntro Inc.- Ordinary Shares

Cenntro Inc.- Ordinary Shares

CENN

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  • Cenntro entered securities purchase agreements on May 12, 2026 for a private placement of 1,000,000 common shares at USD 3.93 each, targeting gross proceeds of about USD 3.93 million.
  • Proceeds are slated for working capital, general corporate purposes.
  • An amendment signed May 19, 2026 revised share delivery, pricing terms, including allowing subscriptions in stablecoins.
  • The sale is structured as an unregistered offering under Section 4(a)(2), Regulation S.
  • The closing has not occurred, with customary conditions still unmet, so no shares have been issued.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cenntro Inc. (The Corporation) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-022277), on May 20, 2026, and is solely responsible for the information contained therein.

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