Key Highlights

  • Cenntro (NASDAQ:CENN) fell 81.89% to USD 0.36, with no single announcement identified and an up to USD 100 million share sale agreement in the background.
  • Abits Group (NASDAQ:ABTS) fell 65.00% to USD 0.37 on the day it announced AI and high-performance computing hosting plans.
  • reAlpha Tech (NASDAQ:AIRE) fell 43.63% to USD 0.3766 after pricing a public offering at USD 0.40 per share.
  • VCI Global (NASDAQ:VCIG) fell 36.89% to USD 5.15 on the second session after a 1-for-18 reverse split.
  • GMEX Robotics (NASDAQ:GMEX) fell 36.14% to USD 0.56 after a discounted preferred conversion and fiscal 2026 results.

Cenntro (NASDAQ:CENN) (down USD 1.63, 81.89%): An Electric Vehicle Maker Collapses With No Clear Trigger

Cenntro (NASDAQ:CENN) fell 81.89% to USD 0.36 in regular trading on November 3, 2026, a decline of USD 1.63. No announcement dated October 30 to November 3, 2026 was identified that explains a drop of this size, so the cause is unconfirmed.

The key background is an at-the-market sales agreement dated October 9, 2026 that allows up to USD 100 million of common stock to be offered. Full-year 2025 Revenue was USD 18.08 million, down about 42%, and the net loss was about USD 72.98 million. As a penny stock, Cenntro can be highly volatile, and further issuance carries a clear risk of dilution.

Abits Group (NASDAQ:ABTS) (down USD 0.6871, 65.00%): A Bitcoin Miner Falls Despite an AI Hosting Plan

Abits Group (NASDAQ:ABTS) fell 65.00% to USD 0.37 in regular trading on November 3, 2026, a decline of USD 0.6871. The company announced that day a plan to pursue AI and high-performance computing hosting at existing U.S. facilities. It has signed no definitive hosting agreements, and the cause of the decline was not confirmed.

Full-year 2025 revenue rose to USD 9.13 million from USD 6.71 million, while the net loss widened to USD 2.87 million. Regulatory records show an F-1 registration statement with a notice of effectiveness dated November 2, 2026, and any link to a share offering is unconfirmed. With a Market Value near USD 3.38 million, this Penny Stock is very small, and any new issuance would dilute holders.

reAlpha Tech (NASDAQ:AIRE) (down USD 0.2915, 43.63%): Shares Settle Below a Discounted Offering Price

reAlpha Tech (NASDAQ:AIRE) fell 43.63% to USD 0.3766 in regular trading on November 3, 2026, a decline of USD 0.2915. The trigger was a financing: a company press release dated November 3, 2026 priced 4,375,000 shares, or pre-funded warrants, at USD 0.40 each for about USD 1.75 million in gross proceeds. Closing is expected on or about November 4, 2026.

Cash was USD 2.23 million at June 30, 2026, down from USD 7.78 million at December 31, 2025. This is the third financing in about three and a half months, so repeated issuance carries dilution risk for this penny stock.

VCI Global (NASDAQ:VCIG) (down USD 3.01, 36.89%): A Second Session Slide After a Reverse Split

VCI Global (NASDAQ:VCIG) fell 36.89% to USD 5.15 in regular trading on November 3, 2026, a decline of USD 3.01. A 1-for-18 reverse share split took effect on November 2, 2026, cutting shares outstanding from about 9,639,594 to about 535,533. No new announcement was identified, so the split is the most plausible backdrop and the cause is unconfirmed.

The company said the split aims to meet the Nasdaq minimum bid price rule and to position it for a potential institutional transaction, which it did not describe. With so few shares remaining, trading can be thin and a few orders can move the price sharply.

GMEX Robotics (NASDAQ:GMEX) (down USD 0.3169, 36.14%): Dilution Fears Meet a Heavy Annual Loss

GMEX Robotics (NASDAQ:GMEX) fell 36.14% to USD 0.56 in regular trading on November 3, 2026, a decline of USD 0.3169. Two disclosures dated November 2, 2026 preceded the drop: a conversion of Class C Preferred Shares at 23% of market price, which would deliver 10,961,680 Class A shares, and fiscal 2026 results.

Revenue rose 7.9% to USD 5.6 million, but gross Margin fell to 8.6% from 39.3% and the operating loss was USD 7.1 million. Cash and marketable securities were USD 22.8 million as of June 30, 2026. As a penny stock, GMEX carries clear dilution risk from repeated consolidations and discounted conversions.

Where Things Stand

The five losers share one theme: very small companies where new share supply, actual or possible, overshadowed everything else. Only reAlpha Tech and GMEX Robotics had a disclosed financing or conversion that fits the drop, while the Cenntro, Abits Group and VCI Global declines were not explained by a company statement. Watch the reAlpha Tech offering close on or about November 4, 2026 and any filing on the Abits Group F-1 registration.