Cenntro Sets Size of Ongoing Stock Offering After 15.1M Shares Sold
· 1 sources
Stock Titan reports Cenntro (CENN) has fixed the size of its ongoing stock offering after selling 15.1M shares, with Pacific Century Securities as sales agent.
What happened
Stock Titan reports that Cenntro (CENN) has fixed the size of its ongoing stock offering. The report notes that 15.1M shares have been sold so far.
According to Stock Titan, earlier sales under the offering raised approximately $4.94M in gross proceeds over the 12 months through November 12, 2026. Pacific Century Securities serves as the sales agent for the offering.
Context
Companies that run ongoing stock offerings sell new shares over time through a sales agent, which can increase the number of shares outstanding.
Why it matters
Share issuance programs like this can matter to investors in Cenntro because they relate to how the company raises capital and to the number of shares outstanding.
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