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    SEC Form NT 10-K filed by Cenntro Inc.

    4/1/25 8:10:31 AM ET
    $CENN
    Auto Manufacturing
    Consumer Discretionary
    Get the next $CENN alert in real time by email
    NT 10-K 1 ef20046689_nt10k.htm NT 10-K

    U.S. SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
     
    FORM 12b-25
     
    NOTIFICATION OF LATE FILING
     
    SEC FILE NO. 001-38544
     
    ☒ Form 10-K
    ☐ Form 20-F
    ☐ Form 11-K
    ☐ Form 10-Q
    ☐ Form 10-D
    ☐ Form N-SAR
    ☐ Form N-CSR
     
    For Period Ended: December 31, 2024
     
    ☐
    Transition Report on Form 10-K
    ☐
    Transition Report on Form 20-F
    ☐
    Transition Report on Form 11-K
    ☐
    Transition Report on Form 10-Q
    ☐
    Transition Report on Form N-SAR
     
    For the Transition Period Ended:
     
    Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
     
    If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
     
    Part I - Registrant Information
     
    Full Name of Registrant:
    Cenntro Inc.
    Former Name if Applicable:
     N/A
    Address of Principal Executive Office:
    501 Okerson Road Freehold NJ 07728
     


    Part II - Rules 12b-25(b) and (c)
     
    If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) ☒
     
    ☒
    (a)
    The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
         
    ☒
    (b)
    The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
         
    ☐
    (c)
    The accountant’s statement or other exhibit required by Rule 12b-25 has been attached if applicable.
     
    Part III - Narrative
     
    State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
     
    Cenntro Inc. (the “Registrant”) was unable without unreasonable effort or expense, to file its Annual Report on Form 10-K for the period ending December 31, 2024 within the prescribed time period because the report and required financial statements could not be completed by the Company and subsequently audited by the Company’s independent auditor in a timely manner. The original filing date applicable to smaller reporting companies was March 31, 2025. The Registrant is still in the process of compiling required information to complete the Annual Report and its independent registered public accounting firm requires additional time to complete its review of the financial statements for the year ended December 31, 2024, to be incorporated in the Annual Report. The Registrant anticipates that it will file the Annual Report no later than the fifteenth calendar day following the prescribed filing date.
     
    Part IV - Other Information
     
    1.
    Name and telephone number of person to contact in regard to this notification.
     
    Edward Ye
    (732) 820-6757

    2.
    Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). ☒ Yes ☐ No
     
    3.
    Is it anticipated that any significant change in result of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☐ Yes ☒ No
     
    If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
     
    2

    CENNTRO INC.
    (Name of Registrant as Specified in Charter)
     
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
     
    Date: April 1, 2025
     
       
    Cenntro Inc.
     
         
    By:
    /s/ Edward Ye.
     
     
    Chief Financial Officer
     
     
     
    3

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