Financing ·
Cenntro Inc. amended its private placement agreement to increase the offering size from up to 12,800,000 shares to an…
CENNCenntro Inc.
Cenntro Inc. amended its private placement agreement to increase the offering size from up to 12,800,000 shares to an aggregate of US$57,047,760, representing up to 15,120,000 additional shares of common stock at $3.773 per share. The private placement closed on September 15, 2026, with the company receiving approximately $57 million in gross proceeds intended for working capital and general corporate purposes. Cenntro Inc. operates in the electric vehicle industry.