Benzinga | Dec 30, 2021 11:21AM EST

Naked Brand Receives Approval For Cenntro's Nasdaq Listing

* Naked Brand Group Ltd (NASDAQ:NAKD) has received a final approval letter from Nasdaq's Listing Qualifications Department for Cenntro Electric Group Limited to list its ordinary shares on The Nasdaq Capital Market.

* The trading symbol will remain "NAKD" for the company's ordinary shares following the close of the transaction.

* Related Content: Naked Brands Undertakes Reverse Split, Acquisition Of Cenntro: What Investors Need To Know

* The company expects the merger to close by the end of this year.

* Price Action: NAKD shares are trading higher by 2.79% at $5.90 on the last check Thursday.