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Cenntro targets USD 48.29 million private placement of up to 12,800,000 shares at USD 3.77 each

PUBT·08/31/2026 20:31:35
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Cenntro targets USD 48.29 million private placement of up to 12,800,000 shares at USD 3.77 each
  • Cenntro signed securities purchase agreements on Aug. 25, 2026 for a private placement of up to 12,800,000 common shares.
  • Deal priced at USD 3.77 per share, implying gross proceeds of about USD 48.29 million.
  • Proceeds earmarked for working capital, general corporate purposes.
  • Shares sold in an unregistered offering under Securities Act Section 4(a)(2), Regulation S.
  • Closing remains pending; no shares issued as conditions have not been met.


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: 0001140361-26-035085), on August 31, 2026, and is solely responsible for the information contained therein.