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0.116971765435929 0.461991932981694 0.427241700279243 0.569965870307167 0.634502016754576 0.5823766677009 0.644430654669563 0.830592615575551
Stock impact report

CNEY Receives NASDAQ Minimum Bid Price Requirement Extension

CN Energy Group Inc. - Class A Ordinary Shares (CNEY) 
Company Research Source: PR Newswire
LISHUI, China, Dec. 3, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that on November 26, 2024, the Company received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, while the Company has not regained compliance with the minimum $1.00 bid price per share requirement (the "Minimum Bid Price Requirement"), Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until May 27, 2025 (the "Second Compliance Period"), to regain compliance. Nasdaq's determination was based on (i) the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and (ii) the Company's written notice to Nasdaq of its intention to cure the deficiency during the Second Compl Show less Read more
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