Cenntro Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Cenntro Inc. announced that on April 27, 2026, it received formal written notice from Nasdaq that the company has regained compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock closing bid price had been at or above $1.00 per share for ten consecutive business days from April 13 to April 24, 2026. As a result, Nasdaq has closed the matter and the company remains in compliance with Nasdaq Listing Rule 5550(a)(2). The company issued a press release on April 28, 2026, confirming the compliance status and noting that this development resolves previous concerns about potential delisting due to the minimum bid price requirement.