Cenntro Electric Group

Cenntro Automotive Group, Inc. manufactures electric light and medium-duty commercial vehicles (ECV).

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Cenntro Electric Group Ltd. engages in the design, manufacture, and distribution of commercial vehicles powered by either electricity or hydrogen energy sources. Its commercial vehicle models include Metro, Logistar, Logimax, Avantier, Teemak, and Antric One. The company was founded on May 11, 2017 and is headquartered in Freehold, NJ.

As Naked Brand transitions to CENN stock, maybe the second act will be more enjoyable – and more profitable – than the first. The post The Former Naked Brand Offers a Fresh Start As CENN Stock appeared first on InvestorPlace.

The Former Naked Brand Offers a Fresh Start As CENN Stock

FREEHOLD, N.J.--(BUSINESS WIRE)--Cenntro Electric Group Announces the Change of its Trading Symbol from “NAKD” to “CENN”

Cenntro Electric Group Announces the Change of its Trading Symbol from “NAKD” to “CENN”

A recent filing with the SEC appears to be worrying investors.

Why Cenntro Electric Group Stock Is Plummeting Today

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It's a pattern we've seen with other meme stocks.

Why Shares of Cenntro Electric (Formerly Naked Brand) Are Down Today

Today, NAKD stock is once again losing altitude, despite a near-term catalyst many investors have their eye on with this small-cap stock. The post NAKD Stock Alert: What Is Going on With Naked Brand Today?

NAKD Stock Alert: What Is Going on With Naked Brand Today?

Naked Brand Group Ltd (NASDAQ: NAKD) and privately-held Cenntro Automotive Group Limited have completed the previously announced acquisition transaction.  In connection with the completion, the company has changed its name to "Cenntro Electric Group Limited.

Naked Brand Completes Acquisition Of Cenntro Automotive Group

With over US$250 million in cash, the Company is strategically positioned and well capitalized to accelerate sales and scale production Cenntro reaffirms its 2022 delivery guidance to deliver a minimum of at least 20,000 vehicles The combined company will be led by Peter Wang, Cenntro's Chairman and Chief Executive Officer, and the rest of Cenntro's current executive team SYDNEY, AUSTRALIA and FREEHOLD, NJ / ACCESSWIRE / December 31, 2021 / Naked Brand Group Limited (NASDAQ:NAKD) ("Naked" or the "Company") and privately-held Cenntro Automotive Group Limited ("CAG"), have announced that they have completed the previously announced acquisition of the outstanding capital stock of three entities comprising Cenntro Automotive Group ("Cenntro"), which acquisition was approved by Naked shareholders at an Extraordinary General Meeting on December 21, 2021 and Nasdaq's Listing Qualifications Department on December 30, 2021. In connection with the completion of the acquisition, the Company changed its name to "Cenntro Electric Group Limited.

Naked Brand Group Completes Acquisition of Cenntro Automotive Group

Investors seem to be nervous about Naked's move to EV manufacture.

Why Deliveries From Naked Brand's EV Ally Cenntro Crashed Its Share Price

Naked Brand Group Ltd (NASDAQ: NAKD) has received a final approval letter from Nasdaq's Listing Qualifications Department for Cenntro Electric Group Limited to list its ordinary shares on The Nasdaq Capital Market. The trading symbol will remain "NAKD" for the company's ordinary shares following the close of the transaction.

Naked Brand Receives Approval For Cenntro's Nasdaq Listing

Merger anticipated to Close Prior to Year-end SYDNEY, AUSTRALIA / ACCESSWIRE / December 30, 2021 / Naked Brand Group Limited (ACN 619 054 938) (NASDAQ:NAKD) ("Naked" or the "Company") today announced that it has received a final approval letter from Nasdaq's Listing Qualifications Department for Cenntro Electric Group Limited to list its ordinary shares on The Nasdaq Capital Market. The Company expects the merger to close by the end of this year, after having received Nasdaq listing approval and shareholder approval at the Company's recent Extraordinary General Meeting.

Naked Brand Group and Cenntro Automotive Group Ltd. Receive Approval to List on Nasdaq

NAKD Stock's foray into the EV realm has people excited about its prospects, but its unlikely to amount to much. The post Reasons to Be Skeptical of Naked Brand's Pivot to EVs appeared first on InvestorPlace.

Reasons to Be Skeptical of Naked Brand's Pivot to EVs

Naked Brand Group Ltd (NASDAQ:NAKD) shares are trading lower Tuesday as the stock falls below a key support level. The company recently entered into a definitive merger agreement with Cenntro Automotive, an EV technology company that has produced and shipped 628 newly launched model Logistar 200 vehicles.

Things Are Getting Ugly With Naked Brand Stock

Cenntro produced 628 electric vehicles in December 2021, its highest volume in a single month to date

Cenntro Produces and Delivers First Logistar 200 Light Urban Delivery Electric Vehicles to European Markets

Naked Brand Group Ltd. (NASDAQ:NAKD) shares are trading lower Wednesday as the stock made a 1-For-15 reverse split.

What The Future May Hold For Naked Brand After Reverse Split: Technical Analysis

Many investors are confused after seeing popular financial sites report a 1,000% gain for NAKD stock. A reverse stock split is to blame.

NAKD Stock Alert: Did Naked Brand Really Gain 1,000%+ Today? 8 Things to Know.

An e-commerce company's stock is moving higher Wednesday morning. The movement is the result of a reverse stock split.

Naked Brands Undertakes Reverse Split, Acquisition Of Cenntro: What Investors Need To Know

Naked Brand (NAKD) stock is in the news today as investors react to the company's 15-for-one reverse stock split for Tuesday. The post NAKD Stock: Is the Naked Brand Reverse Stock Split Good or Bad?

NAKD Stock: Is the Naked Brand Reverse Stock Split Good or Bad? What Investors Are Saying

The last two days have been busy for Naked Brand Group. Today's decline is really just a technical issue.

Why Naked Brand Group Fell as Much as 18% at the Open Today

SYDNEY, AUSTRALIA / ACCESSWIRE / December 22, 2021 / Naked Brand Group Limited (ACN 619 054 938) (NASDAQ:NAKD) ("Naked" or the "Company") announced today that its ordinary shares will begin trading today on a 1-for-15 split-adjusted basis. The ticker symbol will remain unchanged.

Naked Brand Group's Ordinary Shares to Begin Trading Today on a 1- for-15 Split Adjusted Basis

The stock price of Naked Brand Group Ltd (NASDAQ: NAKD) increased by over 1,340% pre-market today. This is why it happened.

Naked Brand Group Stock (NAKD): 1-for-15 Reverse Split Goes Into Effect

Cenntro Electric Group Limited expects to begin trading on Nasdaq on or about December 30th, subject to final Nasdaq Approval Naked Brand Group Terminates at-the-market offering; has sufficient cash on balance sheet to satisfy stock purchase capital requirements SYDNEY, AUSTRALIA / ACCESSWIRE / December 21, 2021 / Naked Brand Group Limited (ACN 619 054 938) (NASDAQ:NAKD) ("Naked" or the "Company") today announced that at an extraordinary general meeting of shareholders (the "Extraordinary General Meeting") held at 10:00am (AEDT), Tuesday, December 21, 2021 / 6:00pm (EST), Monday, December 20, 2021, its shareholders overwhelmingly approved the acquisition ("Proposed Transaction") of Cenntro Automotive Group Limited, Cenntro Automotive Corporation, and Centro Electric Group, Inc. ("Cenntro"), a commercial EV technology company. A total of 210,228,094 ordinary shares of the Company were voted, representing approximately 20.6% of the shares of the Company's ordinary shares issued and outstanding as of the close of business on December 20, 2021 (EST), with the following results: Resolution Percentages of Votes For Percentages of Votes Against Percentages of Votes Withheld Approval of Proposed Transaction for all purposes, including item 7 of section 611of the Corporations Act 96.99% 1.74% 1.26% Approval of the change in Company name 97.78% 1.47% 0.74% Approval to amend Constitution 96.62% 2.10% 1.28% Election of Mr.

Naked Brand Group Limited Shareholders Overwhelmingly Approve Acquisition of Cenntro at Extraordinary General Meeting

The stock price of Naked Brand Group Ltd (NASDAQ: NAKD) increased by 4.01% in the previous trading session. This is why it happened.

Naked Brand Group Stock (NAKD): Why The Price Increased

Cenntro's iChassis – The Future of Autonomous Driving – to be Showcased Cenntro's iChassis – The Future of Autonomous Driving – to be Showcased

News for Cenntro Electric Group Stock (NAKD)