CNEY Entered into Warrant Inducement Agreements with Certain Holders [Yahoo! Finance]
CN Energy Group Inc. - Class A Ordinary Shares (CNEY)
Company Research
Source: Yahoo! Finance
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 per share to 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 exercise price of and will expire January 5, 2028 . The Holders will have until January 5, 2025 to exercise such Existing Warrants at the Reduced Exercise Pri
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CNEY
News
- CNEY Entered into Warrant Inducement Agreements with Certain HoldersPR Newswire
- 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