CNEY Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency [Yahoo! Finance]
CN Energy Group Inc. - Class A Ordinary Shares (CNEY)
Company Research
Source: Yahoo! Finance
notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") on May 28, 2024 . The Notice notifies that the Company is not in full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's Class A ordinary shares for the 30 consecutive business days from April 15 through May 24, 2024 , the Company no longer meets the minimum bid price requirement. The Notice does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until November 25,
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News
- CNEY Receives Nasdaq Notification Regarding Minimum Bid Price DeficiencyPR Newswire
- CN Energy Group. Inc. to Present at The Aegis Capital Corp 2024 Virtual Conference [Yahoo! Finance]Yahoo! Finance
- CN Energy Group. Inc. to Present at The Aegis Capital Corp 2024 Virtual ConferencePR Newswire
- Steven Berman, CN Energy Group, is Featured in an Interview with SmallCapsDaily [Yahoo! Finance]Yahoo! Finance
CNEY
Sec Filings
- 5/30/24 - Form 6-K
- 5/20/24 - Form SC
- 5/16/24 - Form 6-K
- CNEY's page on the SEC website