Company: CENN
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001140361-25-030576
Chunk: 60

Company: Cenntro Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part II, Item 8
Chunk 60
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        against Wang for promissory estoppel. On July 14, 2025, Wang filed his answer to Plaintiff’s first amended complaint. The Court scheduled an in-person conference on August 19, 2025 to discuss deadlines for completing various stages of discovery in
        the case. We anticipate remote financial consequences will be incurred by the Company.

      48

                ITEM 1A.

                RISK FACTORS

You should carefully consider the risks discussed in the section entitled “Risk Factors” in Part 1, Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which could
      materially affect our business, financial condition, or future results. The risks described in the Form 10-K are not the only risks facing the company. Additional risks and uncertainties not currently known to us or that we do not currently deem
      material, may also materially adversely affect our business, results of operations, cash flows, and financial position.

                ITEM 2.

                UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There have been no sales of unregistered equity securities that we have not previously disclosed in filings with the U.S. Securities and Exchange Commission.

                ITEM 3.

                DEFAULTS UPON SENIOR SECURITIES

None.

                ITEM 4.

                MINE SAFETY DISCLOSURES

Not applicable.

                ITEM 5.

                OTHER INFORMATION

Trading Arrangements of Section 16 Reporting Persons.

During the quarter ended June 30, 2025, no person who is required to file reports pursuant to Section 16(a) of the Securities and Exchange Act of 1934, as amended, with respect to holdings of, and transactions in, the Company’s common shares (i.e. directors and certain officers of the Company) maintained, adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1(c) arrangement”, as those terms are defined in Section 229.408 of the regulations of the SEC.

                ITEM 6.

                Exhibits

EXHIBIT INDEX

            Exhibit
            No.

            Description of Exhibit

            31.1*

            Certification of Principal Executive Officer required by Rule 13a-14(a).

            31.2*

            Certification of Principal Financial Officer required by Rule 13a-14(a).

            32.1**