Cenntro effects 1-for-60 reverse stock split to regain Nasdaq compliance
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Cenntro effects 1-for-60 reverse stock split to regain Nasdaq compliance
  • Cenntro will implement a 1-for-60 reverse stock split to address Nasdaq’s $1 minimum bid-price requirement.
  • Split-adjusted trading is set to begin April 13, 2026 on Nasdaq under ticker CENN.
  • Reverse split is expected to cut shares outstanding to about 1,465,214 from about 87,912,831.
  • Fractional shares will not be issued; holdings will be rounded up to whole shares.


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: 0001140361-26-014798), on April 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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