CNEY Regains Compliance with Nasdaq Minimum Market Value of Publicly Held Shares Requirement
CN Energy Group Inc. - Class A Ordinary Shares (CNEY)
Company Research
Source: PR Newswire
LISHUI, China, Oct. 11, 2024 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"; NASDAQ: CNEY), today announced that on October 9, 2024, Company received a written notice from Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum market value of publicly held shares ("MVPHS") requirement (the "MVPHS Requirement") under Nasdaq Listing Rule 5550(a)(5) (the "Rule").The Company was previously notified by Nasdaq on September 6, 2024, that it was not in compliance with the MVPHS requirement because its Class A ordinary share had failed to maintain a MVPHS of $1,000,000 over the previous 30 consecutive trading days as required by the Nasdaq Capital Market under the Rule. In order to regain compliance with the Rule, the Company was required to maintain a minimum MVPHS of $1,000,000 or more for at least 10 consecutive trading days. The staff of Nasdaq has determined that for the last 10 consecutive b
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CNEY
News
- CN Energy regains compliance with Nasdaq listing rule [Seeking Alpha]Seeking Alpha
- CN Energy Group First Half 2024 Earnings: US$1.64 loss per share (vs US$2.80 loss in 1H 2023) [Yahoo! Finance]Yahoo! Finance
- CNEY Receives Nasdaq Notifications Regarding Minimum Market Value of Publicly Held Shares Requirement [Yahoo! Finance]Yahoo! Finance
- CNEY Receives Nasdaq Notifications Regarding Minimum Market Value of Publicly Held Shares RequirementPR Newswire
CNEY
Sec Filings
- 10/17/24 - Form 6-K
- 10/11/24 - Form 424B5
- 10/11/24 - Form 6-K
- CNEY's page on the SEC website