Cenntro targets up to 1-for-250 reverse stock split via majority written consent

Cenntro Inc.- Ordinary Shares

Cenntro Inc.- Ordinary Shares

CENN

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  • Cenntro stockholders holding 1394562 shares gave written consent on June 12, 2026 to restructure the company’s equity capital.
  • Authorized common stock set to rise to 3000000000 shares from 16666667; authorized preferred stock to rise to 100000000 shares from 1666667.
  • Board cleared to execute a reverse stock split between 1-for-2 and 1-for-250 within one year, with the final ratio set later.
  • Charter amendment authorized to reflect the revised capital structure; the authorized-share increase targeted to take effect around July 20, 2026.


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: 0001140361-26-026945), on June 30, 2026, and is solely responsible for the information contained therein.

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