Cenntro Inc (CENN)

Cenntro Regains Compliance with Nasdaq Minimum Bid Price RuleApril 28, 2026 4:30 PM
Business Wire
Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, announced today that on April 27, 2026, the Company received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that for the ten consecutive business days from April 13, 2026 to April 24, 2026, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, Cenntro has regained compliance with Nasdaq Listing Rule 5550(a)(2). As a result, the matter has been closed.


About Cenntro


Cenntro (NASDAQ: CENN) is a pioneering maker and provider of electric commercial vehicles (“ECVs”). Cenntro's purpose-built ECVs are designed to serve a variety of commercial applications inclusive of its line of class 1 to class 4 trucks. Cenntro is building a globalized supply-chain, as well as the manufacturing, distribution, and service capabilities for its innovative and reliable products. Cenntro continues to evolve its products capabilities through advanced battery, powertrain, and smart driving technologies. For more information, please visit Cenntro's website at: www.cenntroauto.com.


Forward-Looking Statements


This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may," "believe," "anticipate," "could," "should," "intend," "plan," "will," "aim(s)," "can," "would," "expect(s)," "estimate(s)," "project(s)," "forecast(s)," "positioned," "approximately," "potential," "goal," "strategy," "outlook" and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 15, 2026 and subsequent Quarterly Reports on Form 10-Q that the Company has filed or may file with the SEC, which may be viewed at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428698147/en/
Company Contact:

PR@cenntroauto.com

IR@cenntroauto.com


Original: Cenntro Regains Compliance with Nasdaq Minimum Bid Price Rule

thanks all just a stupid Invest. MM out of competence in my mind. Pennystock now. That says all.

Wen next R/S for this chinese scam? Is lil Wang still running the show?

CENN $0.22

CENN...........................................................https://stockcharts.com/sc3/ui/?s=CENN&p=W&b=5&g=0&id=p86431144783

180 days to rock

Back to $0.60's.

CENN, was $0.65, Oct, 7, no reason down to $0.20's;

2025-10-07 Q CENN 0.62 0.634 0.6043 0.6176 -0.0052 309,447 838 0.605 0.633

I suspect a Delisting Soon! I expected an 8K with the news a while ago, but with yesterday’s drop I believe it’s coming.

Interesting chart !

Centro Eclectic Ton of Garbage... Runner Coming! 💥🤑

Short this bitch ..you'll get rich 🤑

EV TRASH

This has to be the most boring stock ever ...

In the end for me, CENN was a loser (about $6 grand) even with the ok trading that I did, but when something tanks from $4 when I started to ease in to a low of ten cents, I consider myself lucky on this trade based on how much I had in at various points, including writing options. I certainly didnt think it would come down as far as it did to a dime (pre-split), $1 post split, wow, what an absolute mess this has become. I dont know if the company will recover, and I dont think I would use this as a trading vehicle even at this price or lower. They burned $110M over first 9 months of 2023 which is a lot of $ with revenues of $5m. Theyre also in process of trying to redomicile to the US. I would stay away for now except for a quick well-timed trade.

Ya...that's crazy. Restructuring fee..BS

They do another RS , Fn eTurd chg $38 again

Silly little Peter Wang thinks this will sustain $1. 🤣🤣🤣 -_-

Short it back to zero

Harpoon this fish ! Man I liked this fish for long time :(

Justin davis rice wang and peter lil wang ran off with shareholder money. End of story.

Going to run up river $$$$$$$let your line out $$$$$$$

Lil Peter Wang putting the screws to shareholders. Someone should call dicktater Xi pingpong and let him know about this.

https://ir.cenntroauto.com/node/8466/html#tWYM

especially to page no. 9 referring to the time table - and page 87 - "historically Cenntro had not retained a sufficient number of professionals with an appropriate level of accounting knowledge, training and experience to appropriately analyse, record and disclose accounting matters under U.S. GAAP.
that sounds not very trustworthy as of my understanding for a well managed Co.

Third Quarter 2023 Financial and Operating Highlights:

Net revenue of $5.8 million increased 175% year over year;
Sales volume increased by 326% year over year and 27% sequentially quarter over quarter to 298 vehicles;
Average selling price (“ASP”) increased 15.7% year over year to approximately $19,200; and
Adjusted EBITDA for the quarter is a loss of $12.1 million compared to a loss of $12.0 million for Q3 2022.
Peter Z. Wang, Chief Executive Officer explained, “Our sales momentum in the third quarter continued to ramp up as distribution expanded from the second quarter of 2023. Consequentially, we have sold 298 vehicles in Q3 2023 compared to 235 vehicles in Q2 2023 and 70 in Q3 2022. More importantly, to date the demand for some of our newly launched vehicle models in Europe such as the LS260® has outpaced our estimates. We have also experienced positive sales momentum for our iChassis, having sold 103 units in Q3, though these 103 units are not inclusive of the number of vehicles sold because iChassis is not considered a complete vehicle. We continue to build our sales momentum in 2023 from quarter to quarter to improve the effectiveness of our sales process, including having streamlined our North American sales team structure during Q3 2023.

Cenntro Electric Group Announces Third Quarter 2023 Unaudited Financial Results

What is the actual O/S now ? I have 305M but I'm sure it's a lot higher than that

Piece of dog crap

Just waiting for the rug pull. It is coming!!

Thoughts?

https://ir.cenntroauto.com/news-releases/news-release-details/cenntro-electric-group-limited-announces-proposed-re

Reverse split coming buyer beware!

I voted my shares this morning. AGAINST THE ENTIRE SLATE - If these clowns can't provide share growth without a Reverse Split they shouldn't be directors.

VOTE AGAINST THE ENTIRE SLATE TO SHOW YOUR DISPLEASURE WITH THE CURRENT DIRECTION OF THE COMPANY.

I read that , I mean about change of materials in respect of SP and possible R/S which is the intention now. Imho not to urge that this time as there is another 6 month month confirmed by the SEC what I noted. https://www.stockwatch.com/News/Item/U-b20230717990623-U!CENN-20230717/U/CENN

$CENN - Up 7% Pre-Market/ Current Price $0.46
Files Annual Report on Form 10-K and Regains Compliance with Nasdaq Filing Requirement | 07/14
Announces New Assembly Plant in Ontario, California | 07/11

$CENN news https://www.sec.gov/Archives/edgar/data/1707919/000114036123033784/ny20009671x2_pre14a.htm

anyone here to follow the audit and share some relevant information?

Would be great as I cannot follow that. Thanks

On the move

$CENN: Now at 0.37

Bullish technicals on the 10min chart


GO $CENN

$CENN: Watch her here now...... now at $0.33

THis one can really go


GO $CENN

Little chinese CENN next?
https://www.foxbusiness.com/politics/electric-truck-company-touted-trump-incredible-concept-files-bankruptcy

Hm. 16M shares traded at .2996 ??

Not a chance

RS COMING

Somethings up

So, I guess good faith accounting ain't so good? I bet the get the boot off Nas.....

Cenntro ramping up production
https://newsytrends.com/2023/05/11/cenntro-electric-group-ltd-nasdaq-cenn-ramps-up-production-of-exciting-line-of-electric-vehicles-evs-metro-teemak-lm864h-and-logistar/

We’re movin today. News out soon?

So many China stocks are getting pumped. Could $CENN see the same...

They've had months to prepare their financials for GAAP/SEC submission. Plus wasn't Juice Box Justin from NAKD suppose to help guide them too. So, it's a total letdown to read this in an 8-K:

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.

It's all in the name..........Good Faith...... OMG!

I dont know enough about the detail, but I do like the price down here at 36 cents for a trade

Everyone got burned on this deal except the CEO of NAKD. He even made sure his stock was registered to probably cover a short position in Canada. Who knows but everyone got burned regardless.

Cenntro booth 6110 - Act Expo
Gold Sponsor

https://www.actexpo.com/sponsors