Cenntro Electric Group Limited designs and manufactures electric light and medium-duty commercial vehicles in Europe, North America, and Asia. It serves corporate and governmental organizations. The company was formerly known as Naked Brand Group Limited and changed its name to Cenntro Electric Group Limited in December 2021. The company was founded in 2013 and is headquartered in Freehold, New Jersey.
Cenntro Regains Compliance with Nasdaq Minimum Bid Price Rule
Cenntro received notice from Nasdaq confirming it has regained compliance with the minimum bid price requirement after maintaining a closing bid price of at least $1.00 for ten consecutive business days.
The compliance period ran from April 13 to April 24, 2026, satisfying Listing Rule 5550(a)(2) and formally closing the matter.