Cenntro Inc. (CENN) Form 8-K — Oct 15, 2026
Cenntro Inc. entered into a sales agreement with Pacific Century Securities on October 9, 2026, establishing a $100 million at-the-market (ATM) equity offering program. Under the agreement, Cenntro may sell common stock from time to time on Nasdaq, paying the sales agent a 3.5% commission on gross proceeds, plus up to $100,000 in initial expense reimbursements.
Key figures
- Gross Proceeds
- 100000000
- Reference share price
- $4.65 (September 18, 2026)
- Sales agent commission
- 3.5% of gross proceeds
- Expense reimbursement cap
- 100000
- Non affiliate float value
- $81,217,881.15 as of September 21, 2026
- Non affiliate share count
- 17466211
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