UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934

For the month of: January 2022
 
Commission File Number: 001-38544
 
CENNTRO ELECTRIC GROUP LIMITED
(Translation of registrant’s name into English)
 
501 Okerson Road, Freehold, New Jersey 07728
 
(Address of Principal Executive Offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
 
Item 8.01
Other Events
 
On December 31, 2021, Cenntro Electric Group Limited ACN 619 054 938 (formerly known as, Naked Brand Group Limited) (the “Company”) announced that it completed its acquisition of the outstanding capital stock of three entities comprising Cenntro Automotive Group and changed its name from “Naked Brand Group Limited” to “Cenntro Electric Group Limited.” On January 13, 2022, the Company issued a press release announcing its trading symbol for its ordinary shares on the Nasdaq Capital Market will change from “NAKD” to “CENN.” Effective as of January 14, 2022, the Company’s ordinary shares will begin trading on the Nasdaq Capital Market under its new trading symbol, CENN. The CUSIP number for the Company’s ordinary shares will remain unchanged. A copy of the press release is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K and incorporated by reference herein.
 
The information contained in this Form 6-K shall be incorporated by reference in the Company’s registration statements on Form F-3 and F-1 (File Nos. 333-226192, 333-230757, 333-232229, 333-235801, 333-243751, 333-249490, 333-249547, 333-254245, 333-256258 and 333-262039) and the prospectuses included therein.
 
Exhibits
 
Exhibit No.
 
Description
 
Press Release dated January 13, 2022

2
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: January 13, 2022
 
 
CENNTRO ELECTRIC GROUP LIMITED
     
 
By:
/s/ Peter Z. Wang
 
Name:
Peter Z. Wang
 
Title:
Chief Executive Officer


3
Exhibit 99.1


Cenntro Electric Group Announces the Change of its Trading Symbol from “NAKD” to “CENN”

FREEHOLD, NJ -- January 13, 2022 -- (BUSINESS WIRE) -- Cenntro Electric Group Limited (NASDAQ: NAKD), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its trading symbol on the Nasdaq Capital Market (NASDAQ) will change from “NAKD” to “CENN” at the open of market trading on Friday, January 14, 2022.

The change in trading symbol follows the previously announced closing of Naked Brand Group Limited’s acquisition of the outstanding capital stock of three entities comprising Cenntro Automotive Group and its name change to “Cenntro Electric Group Limited.”

“We are pleased that our new trading symbol now aligns with our brand and will strengthen our visibility with investors and provide consistent recognition to our shareholders as we reach another milestone as a public company,” said Peter Wang, CEO, Managing Director and Chairman of Cenntro Electric Group Limited.  “We remain committed to our vision and maximizing shareholder value by leveraging our IP and ability to design and produce innovative electric commercial vehicles while scaling our decentralized production model as we address the needs of growing market demand.”

No action is required from Cenntro shareholders in order to effectuate the change in trading symbol. Cenntro's ordinary shares will continue to be listed on NASDAQ and the CUSIP number will remain unchanged.

About Cenntro Electric Group

Cenntro Electric Group is a leading EV technology company with advanced, market-validated electric commercial vehicles. Cenntro plans to lead the transformation in the automotive industry through scalable, decentralized production and fully digitalized autonomous driving solutions empowered by the Cenntro iChassis. Cenntro has produced and delivered over 3600 commercial EVs in more than 26 countries. For more information about the company, please visit www.cenntroauto.com.



Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may,'' "believe,'' "anticipate,'' "could,'' "should,'' "intend,'' "plan,'' "will,'' "aim(s),'' "can,'' "would,'' "expect(s),'' "estimate(s),'' "project(s),'' "forecast(s)'', "positioned,'' "approximately,'' "potential,'' "goal,'' "strategy,'' "outlook'' and similar expressions. Examples of forward-looking statements include, among other things, statements regarding decentralized production and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on January 5, 2022 and which may be viewed at www.sec.gov.

Contacts
Investor Relations Contact:

Chris Tyson
MZ North America
CENN@mzgroup.us
949-491-8235

Company Contact:

PR@cenntroauto.com
IR@cenntroauto.com