Financing ·
Cenntro enters ATM agreement to sell up to $100M of common stock through Pacific Century Securities
CENNCenntro Inc.
Cenntro Inc. entered into a sales agreement with Pacific Century Securities, LLC on October 9, 2026, establishing an at-the-market (ATM) equity offering program. Under the terms, Cenntro may offer and sell shares of its common stock having an aggregate offering price of up to $100 million from time to time through the sales agent. The company is not obligated to sell any specific number of shares. Pacific Century Securities will act as sales agent on a commercially reasonable efforts basis, charging a commission of 3.5% of gross proceeds and reimbursable expenses capped at $100,000 for initial costs plus annual legal fees up to $14,000. The offering is made pursuant to a prospectus supplement filed with the SEC on October 13, 2026, under Cenntro’s existing Form S-3 registration statement declared effective in February 2026. Cenntro Inc. operates in the electric vehicle and battery energy storage industry.