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Friday, 01/07/2022 11:19:00 AM

Friday, January 07, 2022 11:19:00 AM

Post# of 12722
Cenntro filed their prospectus and registered the new shares with the SEC yesterday.

https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=116363647&type=PDF&symbol=NAKD&companyName=Cenntro+Electric+Group+Limited&formType=F-3ASR&formDescription=Automatic+shelf+registration+statement+of+securities+of+well-known+seasoned+issuers&dateFiled=2022-01-06&CK=1707919


"CENNTRO ELECTRIC GROUP LIMITED
188,958,629 Ordinary Shares
This prospectus relates to the offer and resale of up to 188,958,629 ordinary shares, no par value (“Ordinary Shares”) of Cenntro Electric Group Limited ACN 619 054 938, an Australian public limited company formerly known as Naked Brand Group Limited (the “Company”), by the Selling Shareholders set forth under “Selling Shareholders”
below, consisting of (a) 174,853,546 Ordinary Shares issued in connection with the Distribution (as defined below) of the Acquisition Shares (as defined below) by Cenntro Automotive Group Limited, a Cayman Islands company limited by shares (“CAG”), to its shareholders following the closing of the Combination (as defined below), including
27,751,531 Ordinary Shares distributed to certain shareholders of CAG pursuant to their conversion of the Convertible Notes (as defined below) previously issued to such shareholders into Series A-1 Preferred Shares of CAG in connection with the Combination, (b) 6,925,684 Ordinary Shares issued to two private placement investors in connection with the
December 2021 Private Placement (as defined below), (c) 7,151,612 Ordinary Shares issued to an entity associated with Justin Davis-Rice, the former Executive Chairman and former Chief Executive Officer and a current director of the Company, in connection with the previously awarded Incentive Award (as defined below) and (d) 11,839 Ordinary
Shares granted to certain former and current non-employee directors of the Company and 15,948 Ordinary Shares underlying options granted to certain former and current non-employee directors of the Company (the “Non-Employee Director Options”), in each case, as compensation for their services on the Company's board. 92,463,001 Ordinary
Shares included in this prospectus are subject to a lock-up agreement for 180 days from December 30, 2021."

See page 33 in the SEC filing for a list of shareholders. (Insiders and institutional)

DON'T BUY IT IF YOU CAN'T AFFORD TO LOSE IT !!! Everything i post is just my opinion, I do not make any recommendations on buying or selling of any stock. Do your own due diligence and make your own decisions!!