Cenntro Inc. Enters $100 Million At-the-Market Share Sale Agreement with Pacific Century
Cenntro Inc. entered into a sales agreement dated October 9, 2026, with Pacific Century Securities, LLC, allowing it to sell up to $100 million of common stock through the agent over time. The company is not obligated to sell any shares, and the agent has no obligation to buy shares on its own account, so the actual amount raised is not set. Shareholders could face dilution if the company sells shares under the program.
Key points
- Sales agreement dated October 9, 2026, covers up to $100,000,000 of common stock at the market.
- Pacific Century Securities, LLC receives a 3.5% commission on gross proceeds from each sale.
- Shares are offered under a prospectus supplement dated October 9, 2026, filed October 13, 2026, on Form S-3 effective February 12, 2026.
- The company paid $50,000 at signing under an engagement letter dated September 1, 2026, with up to $50,000 more due at the first placement closing.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.