Naked Brand Group and Privately-Held Cenntro Automotive Group Announce Definitive Stock for Stock Acquisition Agreement

Naked Brand Group and Privately-Held Cenntro Automotive Group, a Leading Commercial-Stage EV Technology Company, Announce Definitive Stock for Stock Acquisition Agreement

Cenntro Automotive Group is an early pioneer in Artificial Intelligent (AI) Autonomous Driving and a leading designer and manufacturer of electric light and medium-duty commercial vehicles ("ECV").

Cenntro has sold and delivered more Commercial Electric Vehicles than any other EV company; Customers are estimated to have traveled more than 20 million miles in 26 Countries in Cenntro EVs.

Cenntro Expects 2021 Revenue of $25.3 million with over 1,500 vehicle sales, $506 million on 21,500 vehicle sales in 2022 and $2.1 billion on 74,800 vehicle sales in 2023.

Cenntro Automotive's purpose-built ECVs are designed for serving a variety of corporate fleet and municipal organizations in support of city services, last-mile delivery and other commercial applications.

Cenntro Automotive's cutting-edge technological research and development capabilities and IP include vehicle design, digital component development, vehicle control software, and "smart" driving putting Cenntro at the forefront of the technology transformation of the ECV market.

Upon closing of this Transaction, the combined company is expected to have $282 million in cash.

Transaction is expected to close by year end of 2021.

Companies to hold Webcast at 6:00 pm Eastern Time today to discuss transaction

SYDNEY, AUSTRALIA and FREEHOLD, NJ / ACCESSWIRE / November 8, 2021 / Naked Brand Group Limited (NASDAQ:NAKD) ("Naked" or the "Company") and privately-held Cenntro Automotive Group, Inc. ("Cenntro"), today announced that the companies have entered into a definitive agreement under which Naked will acquire the outstanding stock in three entities comprising Cenntro Automotive Group ("Cenntro"), a commercial EV technology company with advanced market-validated commercial vehicles and autonomous driving technologies in a Stock for Stock Acquisition Agreement (the "Transaction"). Upon completion of the Transaction, the Company is expected to change its name to Cenntro Automotive Group (CAG). The Company expects to retain its Nasdaq listing and ticker symbol "NAKD".

Founded in 2013, Cenntro has produced and delivered over 3,300 commercial electric vehicles, more commercial electric vehicles than any other EV manufacturer. Its scalable, decentralized production model allows it to

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πŸ‘€︎ u/HotSarcasm
πŸ“…︎ Nov 08 2021
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SERIOUS: This subreddit needs to understand what a "dad joke" really means.

I don't want to step on anybody's toes here, but the amount of non-dad jokes here in this subreddit really annoys me. First of all, dad jokes CAN be NSFW, it clearly says so in the sub rules. Secondly, it doesn't automatically make it a dad joke if it's from a conversation between you and your child. Most importantly, the jokes that your CHILDREN tell YOU are not dad jokes. The point of a dad joke is that it's so cheesy only a dad who's trying to be funny would make such a joke. That's it. They are stupid plays on words, lame puns and so on. There has to be a clever pun or wordplay for it to be considered a dad joke.

Again, to all the fellow dads, I apologise if I'm sounding too harsh. But I just needed to get it off my chest.

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πŸ‘€︎ u/anywhereiroa
πŸ“…︎ Jan 15 2022
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A Magnet

#IT IS IN HERE!

Full-text translation of the 1215 edition of Magna Carta

Clauses marked (+) are still valid under the charter of 1225, but with a few minor amendments. Clauses marked (*) were omitted in all later reissues of the charter. In the charter itself the clauses are not numbered, and the text reads continuously. The translation sets out to convey the sense rather than the precise wording of the original Latin.

JOHN, by the grace of God King of England, Lord of Ireland, Duke of Normandy and Aquitaine, and Count of Anjou, to his archbishops, bishops, abbots, earls, barons, justices, foresters, sheriffs, stewards, servants, and to all his officials and loyal subjects, Greeting.

KNOW THAT BEFORE GOD, for the health of our soul and those of our ancestors and heirs, to the honour of God, the exaltation of the holy Church, and the better ordering of our kingdom, at the advice of our reverend fathers Stephen, archbishop of Canterbury, primate of all England, and cardinal of the holy Roman Church, Henry archbishop of Dublin, William bishop of London, Peter bishop of Winchester, Jocelin bishop of Bath and Glastonbury, Hugh bishop of Lincoln, Walter bishop of Worcester, William bishop of Coventry, Benedict bishop of Rochester, Master Pandulf subdeacon and member of the papal household, Brother Aymeric master of the knighthood of the Temple in England, William Marshal earl of Pembroke, William earl of Salisbury, William earl of Warren, William earl of Arundel, Alan of Galloway constable of Scotland, Warin fitz Gerald, Peter fitz Herbert, Hubert de Burgh seneschal of Poitou, Hugh de Neville, Matthew fitz Herbert, Thomas Basset, Alan Basset, Philip Daubeny, Robert de Roppeley, John Marshal, John fitz Hugh, and other loyal subjects:

  • (1) FIRST, THAT WE HAVE GRANTED TO GOD, and by this present charter have confirmed for us and our heirs in perpetuity, that the English Church shall be free, and shall have its rights undiminished, and its liberties unimpaired. That we wish this so to be observed, appears from the fact that of our own free will, before the outbreak of the present dispute between us and our barons, we granted and confirmed by charter the freedom of the Church's elections - a right reckoned to be of the greatest necessity and importance to it - and caused this to be confirmed by Pope Innocent III. This freedom we shall observe ourselves, and desire to be observed in good faith by our heirs in perpetuity.

TO ALL FREE MEN OF OUR KINGDOM we have

... keep reading on reddit ➑

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πŸ“…︎ Nov 22 2021
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Blind Girl Here. Give Me Your Best Blind Jokes!

Do your worst!

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πŸ‘€︎ u/Leckzsluthor
πŸ“…︎ Jan 02 2022
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This subreddit is 10 years old now.

I'm surprised it hasn't decade.

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πŸ‘€︎ u/frexyincdude
πŸ“…︎ Jan 14 2022
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Dropped my best ever dad joke & no one was around to hear it

For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.

I said "hey look, an escaPEA"

No one near me but it didn't half make me laugh for a good hour or so!

Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies πŸ˜‚

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πŸ‘€︎ u/Vegetable-Acadia
πŸ“…︎ Jan 11 2022
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What starts with a W and ends with a T

It really does, I swear!

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πŸ‘€︎ u/PsychedeIic_Sheep
πŸ“…︎ Jan 13 2022
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What do you call quesadillas you eat in the morning?

Buenosdillas

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πŸ‘€︎ u/FarronKeepSucks
πŸ“…︎ Jan 14 2022
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What is a a bisexual person doing when they’re not dating anybody?

They’re on standbi

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πŸ‘€︎ u/Toby-the-Cactus
πŸ“…︎ Jan 12 2022
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Geddit? No? Only me?
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πŸ‘€︎ u/shampy311
πŸ“…︎ Dec 28 2021
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I wanna hear your best airplane puns.

Pilot on me!!

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πŸ‘€︎ u/Paulie_Felice
πŸ“…︎ Jan 07 2022
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E or ß?
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πŸ‘€︎ u/Amazekam
πŸ“…︎ Jan 03 2022
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No spoilers
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πŸ‘€︎ u/Onfour
πŸ“…︎ Jan 06 2022
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Covid problems
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πŸ‘€︎ u/theincrediblebou
πŸ“…︎ Jan 12 2022
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These aren't dad jokes...

Dad jokes are supposed to be jokes you can tell a kid and they will understand it and find it funny.

This sub is mostly just NSFW puns now.

If it needs a NSFW tag it's not a dad joke. There should just be a NSFW puns subreddit for that.

Edit* I'm not replying any longer and turning off notifications but to all those that say "no one cares", there sure are a lot of you arguing about it. Maybe I'm wrong but you people don't need to be rude about it. If you really don't care, don't comment.

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πŸ‘€︎ u/Lance986
πŸ“…︎ Dec 15 2021
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I had a vasectomy because I didn’t want any kids.

When I got home, they were still there.

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πŸ‘€︎ u/demotrek
πŸ“…︎ Jan 13 2022
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What did 0 say to 8 ?

What did 0 say to 8 ?

" Nice Belt "

So What did 3 say to 8 ?

" Hey, you two stop making out "

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πŸ‘€︎ u/designjeevan
πŸ“…︎ Jan 03 2022
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Spi__
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πŸ‘€︎ u/Fast_Echidna_8520
πŸ“…︎ Jan 11 2022
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Pun intended.
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πŸ‘€︎ u/Sharmaji1301
πŸ“…︎ Jan 15 2022
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I dislike karma whores who make posts that imply it's their cake day, simply for upvotes.

I won't be doing that today!

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πŸ‘€︎ u/djcarves
πŸ“…︎ Dec 27 2021
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The Ancient Romans II
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πŸ‘€︎ u/mordrathe
πŸ“…︎ Dec 29 2021
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I'd like to dedicate this joke to my wisdom teeth.

[Removed]

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πŸ‘€︎ u/ThoughtPumP
πŸ“…︎ Jan 14 2022
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How do you stop Canadian bacon from curling in your frying pan?

You take away their little brooms

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πŸ‘€︎ u/Majorpain2006
πŸ“…︎ Jan 09 2022
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I did it, I finally did it. After 4 years and 92 days I went from being a father, to a dad.

This morning, my 4 year old daughter.

Daughter: I'm hungry

Me: nerves building, smile widening

Me: Hi hungry, I'm dad.

She had no idea what was going on but I finally did it.

Thank you all for listening.

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πŸ‘€︎ u/Sk2ec
πŸ“…︎ Jan 01 2022
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It this sub dead?

There hasn't been a post all year!

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πŸ‘€︎ u/TheTreelo
πŸ“…︎ Jan 01 2022
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School Was Clothed
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πŸ‘€︎ u/Kennydoe
πŸ“…︎ Jan 08 2022
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What did Spartacus say when the lion ate his wife?

Nothing, he was gladiator.

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πŸ‘€︎ u/rj104
πŸ“…︎ Jan 15 2022
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Letting loose with these puns
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πŸ“…︎ Jan 13 2022
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Couch potato
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πŸ“…︎ Dec 31 2021
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Baka!
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πŸ‘€︎ u/ridi86
πŸ“…︎ Jan 09 2022
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All dad jokes are bad and here’s why

Why

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πŸ‘€︎ u/LordCinko
πŸ“…︎ Jan 13 2022
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concrete πŸ—Ώ
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πŸ‘€︎ u/Fast_Echidna_8520
πŸ“…︎ Jan 07 2022
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My name is ABCDEFGHIJKMNOPQRSTUVWXYZ

It’s pronounced β€œNoel.”

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πŸ‘€︎ u/beef_fried_rice
πŸ“…︎ Dec 25 2021
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Why are people so surprised and angry about Djokovic being an anti-vaxxer?

After all his first name is No-vac

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πŸ‘€︎ u/hangryman23
πŸ“…︎ Jan 06 2022
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If Korean pop is shortened to Kpop and Korean Drama is Kdrama...

What, then, is Chinese rap?

Edit:

Notable mentions from the comments:

  • Spanish/Swedish/Swiss/Serbian hits

  • French/Finnish art

  • Country/Canadian rap

  • Chinese/Country/Canadian rock

  • Turkish/Tunisian/Taiwanese rap

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πŸ‘€︎ u/hootanahalf
πŸ“…︎ Jan 09 2022
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That’s Michelle
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πŸ‘€︎ u/FLEXSEALBREAKER
πŸ“…︎ Jan 10 2022
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Is this sub still active?

There hasn't been a single post this year!

(Happy 2022 from New Zealand)

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πŸ‘€︎ u/DonStimpo
πŸ“…︎ Dec 31 2021
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What did the ocean say to the beach?

Nothing, it just waved

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πŸ‘€︎ u/hackerboi1198
πŸ“…︎ Jan 13 2022
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My 9 year old son just asked me to pretend I was a police officer arresting him for downloading the entire Wikipedia. Me: Young man, you're under arrest for downloading the entire Wikipedia!

Him: I can explain everything!

(It's his best joke yet I think)

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πŸ‘€︎ u/MrPJ2020
πŸ“…︎ Jan 14 2022
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is Isn't
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πŸ‘€︎ u/mordrathe
πŸ“…︎ Jan 11 2022
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@u/mordrathe - remix
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πŸ‘€︎ u/SpydrRydr
πŸ“…︎ Jan 12 2022
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What do you call a guy with no arms and no legs in a hot tub?

Bob

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πŸ‘€︎ u/4fuchssake
πŸ“…︎ Jan 05 2022
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I named my dog "5 miles."

So that I could frequently say, "I am going to walk 5 miles now."

Edit: My most popular post on Reddit! πŸ˜€ Thank you for the awards.

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πŸ‘€︎ u/javacafe
πŸ“…︎ Jan 10 2022
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My WIFI password is 2444666668888888

Just to clarify, 12345678

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πŸ‘€︎ u/az1m_
πŸ“…︎ Jan 03 2022
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Sir James Carroll 1857–1926: Ngāti Kahungunu; farm worker, interpreter, and politician

This biography, written by Alan Ward, was first published in the Dictionary of New Zealand Biography in 1993. It was translated into te reo Māori by the Dictionary of New Zealand Biography team.

James Carroll was born at Wairoa, northern Hawke's Bay, probably on 20 August 1857, one of eight children of Joseph Carroll and his Ngāti Kahungunu wife, Tapuke, a woman of mana. His father, a Sydney-born Irishman, had come to the Bay of Islands in the early 1840s and began whaling, timber-cutting, blacksmithing and coastal trading in northern Hawke's Bay in association with the local Māori communities. He eventually turned to sheep and cattle farming on the property known as Huramua (Hurumua).

The Carroll children's upbringing was bicultural from the outset. James Carroll later recorded that his birth was accompanied by traditional Māori ritual, he was suckled by midwives, and he passed some of his earliest childhood among Tapuke's kin in inland communities. Māori was his first language, and he referred also to whare wānanga instruction, although in later life he apparently believed in the Mesopotamian origin of the Māori.

His parents sought for their children what European-style education was available. At the age of eight James attended the native school at Wairoa, then a school in Napier, but he abhorred confines and left after two or three years. He loved horses and began to work on stations and ride in local race meets.

In 1870, when 12 or 13, he joined a 300-strong Māori force in pursuit of Te Kooti in the Urewera. Courageous under fire, he was mentioned in dispatches and paid £50. His father was able to secure him a cadetship in the Native Department under his friend Samuel Locke in Hawke's Bay. This gave Carroll his first experience of land transactions on the East Coast. He first visited the East Coast with Donald McLean, the minister for native affairs, who, impressed with his abilities, transferred him to the Native Department in Wellington. However, still restless, Carroll returned in 1875 to station life in Hawke's Bay and Poverty Bay, and to the enjoyment of all kinds of sports; he was a big man and a natural athlete.

Meanwhile, he was reading whatever books he could get his hands on. He later paid tribute to the influence of university-educated sons of English gentry, with whom he shared camp for months at a time. He returned to Wellington as interpreter to the House of Representatives from 1879 to 1883. This experience was highly formative.

... keep reading on reddit ➑

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πŸ‘€︎ u/Pickup_your_nuts
πŸ“…︎ Oct 03 2021
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Possibly the greatest Snap Reaction dad joke I've ever told (it even got me a POWERFUL groan and vehement FU from my wife)

Me grabbing a soda from my (what I thought was) half full 12pk...

Notices there's only 2;

Me: "Awe man... This is a damn bird box!" Her: "What the hell does that mean?!" Me: (Pulls both cans out & shows them to her) "It's only got Toucans."

I'm not ashamed to admit the look on her face was glorious.

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πŸ‘€︎ u/AKhakiNerfHerder
πŸ“…︎ Jan 10 2022
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I can't believe I was arrested for impersonating a politician...

I was just sitting there doing nothing.

πŸ‘︎ 9k
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πŸ‘€︎ u/ENJOYblet
πŸ“…︎ Jan 05 2022
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The two genders
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πŸ‘€︎ u/ShrimpRex
πŸ“…︎ Dec 27 2021
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Guns
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πŸ‘€︎ u/PlayYo-KaiWatch21
πŸ“…︎ Jan 10 2022
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If β€œwomb” is pronounced β€œwoom” and β€œtomb” is pronounced β€œtoom” then shouldn’t β€œbomb” be pronounced…

β€œBOOM”?!

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πŸ‘€︎ u/FourBloodMoons
πŸ“…︎ Dec 24 2021
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