Cenntro Electric Group Limited is a company focused on the creation and manufacturing of electric commercial vehicles, specifically in the light and medium-duty categories. Operating internationally, its zero-emission utility vehicles are distributed throughout Europe, North America, and Asia, serving a clientele that includes both corporate entities and government bodies. Established in 2013, the firm underwent a name change in December 2021, transitioning from its former identity as Naked Brand Group Limited. Cenntro Electric Group's main operational base is located 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.