Cenntro Inc. Board Approves Potential Reverse Stock Split at 1-for-10 to 1-for-250 Ratio

Reuters

2025/06/14

Cenntro Inc. Board Approves Potential Reverse Stock Split at 1-for-10 to 1-for-250 Ratio

Cenntro Inc.'s Board of Directors has approved an amendment to the company's Articles of Incorporation to effect a reverse stock split of its outstanding Common Stock. The exchange ratio for the reverse stock split will be between 1-for-10 and 1-for-250, with the final timing and ratio to be determined by the Board. This decision aims to adjust the number of shares in circulation to potentially enhance the marketability and trading of the company's stock.

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: 0001140361-25-022455), on June 13, 2025, and is solely responsible for the information contained therein.

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Board Approves Potential Reverse Stock Split at 1-for-10 to 1-for-250 Ratio","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cenntro Inc. Board Approves Potential Reverse Stock Split at 1-for-10 to 1-for-250 Ratio\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cenntro Inc.'s Board of Directors has approved an amendment to the company's Articles of Incorporation to effect a reverse stock split of its outstanding Common Stock. The exchange ratio for the reverse stock split will be between 1-for-10 and 1-for-250, with the final timing and ratio to be determined by the Board. 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Board Approves Potential Reverse Stock Split at 1-for-10 to 1-for-250 Ratio\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-14 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cenntro Inc. 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ID: 0001140361-25-022455), on June 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CENN","symbol_name":"Cenntro Electric Group Limited","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250613:nNDLbLTFk:1","article_id":"2543637785","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543637785","pubTimestamp":1749845801,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cenntro Inc.'s Board of Directors has approved an amendment to the company's Articles of Incorporation to effect a reverse stock split of its outstanding Common Stock. 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