Cenntro Inc. Files Charter Amendment to Increase Authorized Shares

What Happened
Cenntro Inc. (CENN) filed an 8-K (Item 5.03) disclosing that it amended its Amended and Restated Certificate of Incorporation to increase its authorized share capital. The Certificate of Amendment was filed with the Nevada Secretary of State on July 22, 2026 and is effective July 20, 2026. The change was authorized previously by written consent of the Company’s controlling stockholders on June 12, 2026.

Key Details

• Common stock increase: authorized shares raised from 16,666,667 to 3,000,000,000; par value remains $0.0001 per share.
• Preferred stock increase: authorized shares raised from 1,666,667 to 100,000,000; par value remains $0.0001 per share.
• Approval: change was approved by holders of a majority of the Company’s voting power (the “Controlling Stockholders”) on June 12, 2026.
• Filing & exhibit: Certificate of Amendment attached as Exhibit 3.1; the 8-K also references inclusion in the company’s Form S-3 registration statement.

Why It Matters
This filing does not itself issue any new shares, but it materially increases the number of shares the company is legally allowed to issue. That expanded authorization gives Cenntro flexibility to raise capital, grant equity compensation, or support acquisitions in the future—actions that could dilute existing shareholders if new shares are issued. Investors should note the increase and watch for future filings (e.g., prospectus supplements, registration statements, or additional 8-Ks) for any actual share issuances or financing plans.