CNEY Entered into Warrant Inducement Agreements with Certain Holders
CN Energy Group Inc. - Class A Ordinary Shares (CNEY)
Company Research
Source: PR Newswire
LISHUI, China, Dec. 5, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it entered into Warrant Inducement Agreements with certain holders (each, a "Holder") of the Company's existing ordinary share purchase warrants issued in January 2023 (the "Existing Warrants"), covering up to an aggregate of 6,576,278 class A ordinary shares of the Company, no par value (the "Ordinary Shares"), pursuant to which (i) the exercise price of the Existing Warrants will be reduced from $1.4529 per share to $0.32 per share (the "Reduced Exercise Price") to the extent exercised by each Holder, and (ii) in exchange for each Holder's cash payment of the Reduced Exercise Price of the Existing Warrants in part or whole, the Company will issue new unregistered ordinary share purchase warrants (the "New Warrants"), to incentivize the Holders to exercise the Existing Warrants in cash. The New Warrants will be immediately exercisable upon issuance, have an
Show less
Read more
Impact Snapshot
Event Time:
CNEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNEY alerts
High impacting CN Energy Group Inc. - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
CNEY
News
- CNEY Entered into Warrant Inducement Agreements with Certain Holders [Yahoo! Finance]Yahoo! Finance
- CNEY Receives NASDAQ Minimum Bid Price Requirement Extension [Yahoo! Finance]Yahoo! Finance
- CNEY Receives NASDAQ Minimum Bid Price Requirement ExtensionPR Newswire
- CN Energy regains compliance with Nasdaq listing rule [Seeking Alpha]Seeking Alpha
- CNEY Regains Compliance with Nasdaq Minimum Market Value of Publicly Held Shares RequirementPR Newswire
CNEY
Sec Filings
- 12/19/24 - Form 6-K
- 12/5/24 - Form 6-K
- 12/4/24 - Form 6-K
- CNEY's page on the SEC website