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You are at:Home » CNEY Receives Nasdaq Delisting Determination for Minimum Bid Price Deficiency – CN Energy Group (NASDAQ:CNEY)
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CNEY Receives Nasdaq Delisting Determination for Minimum Bid Price Deficiency – CN Energy Group (NASDAQ:CNEY)

News RoomNews RoomJan 23, 2026 10:39 pm EST0 ViewsNo Comments5 Mins Read
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LISHUI, China, Jan. 23, 2026/ PRNewswire/– CN Energy Group. Inc. (NASDAQ: CNEY) (” CNEY” or the “Business”), a Nasdaq-listed business, today revealed that it got a composed notification from the Listing Credentials Personnel of The Nasdaq Stock Exchange LLC (” Nasdaq”) alerting the Business that Nasdaq has actually figured out to delist the Business’s Class A common shares from The Nasdaq Capital Market (the “Personnel Decision”). The Personnel Decision was released due to the fact that the quote cost of the Business’s Class A common share has actually closed at less than $ 1.00 per share for the previous 30 successive company days from December 3, 2025 through January 15, 2026 and, as an outcome, the Business does not abide by Listing Guideline 5550( a)( 2 ). In addition, pursuant to Nasdaq Listing Guideline 5810( c)( 3 )( A)( iv), the Business is not qualified for any compliance duration or extension defined in Guideline 5810( c)( 3 )( A) due to the fact that the Business has actually effected a reverse stock split over the previous 1 year duration and has actually effected several reverse stock divides over the previous two-year duration with a cumulative ratio of 250 shares or more. As kept in mind in the Personnel Decision, the Business effected a 1-for-30 reverse stock split on January 19, 2024 and a 1-for-25 reverse stock split on Might 19, 2025, leading to a cumulative 1-for-750 reverse stock split ratio for the Class A common shares.

On January [21], 2026, the Business sent a hearing demand to appeal the Personnel Decision to a hearings chastening (the “Panel”). The hearing demand immediately remains the suspension of trading in the Business’s securities and the filing of the Type 25-NSE with the Securities and Exchange Commission, in each case pending the Panel’s choice. In connection with the hearing, the Business plans to provide a strategy to the Panel looking for an exception or other relief to resolve the shortages recognized in the Personnel Decision. Throughout the appeal procedure with the Panel, the Business’s Class A common shares will continue to be noted and trade on Nasdaq.

The Personnel Decision does not impact the Business’s company operations or its reporting responsibilities under the Securities Exchange Act of 1934, as changed.

About CN Energy Group. Inc.

CN Energy Group. Inc. is presently noted on NASDAQ under the sign “CNEY.” With trademarked exclusive bioengineering and physiochemical innovations, CNEY has actually originated and concentrated on producing top quality recyclable triggered carbon and renewable resource from deserted forest and farming residues, transforming damaging wastes into important wealth and providing considerable monetary, financial, ecological and ecologic advantages. CNEY’s services and products have actually been extensively utilized by food and drink manufacturers, commercial and pharmaceutical makers, along with environmental management business. CNEY likewise establishes and supplies adjustable robotics items, automation tools, and associated software application options for little and medium-sized commercial, logistics, and service companies in The United States And Canada To learn more, please check out the Business’s site at www.cneny.com.

Cautionary Note Concerning Forward-Looking Statements

This news release consists of declarations that do not associate with historic truths however are “positive declarations” within the significance of the safe harbor arrangements of the U.S. Personal Securities Lawsuits Reform Act of 1995. These declarations can typically (although not constantly) be recognized by their usage of terms and expressions such as prepare for, appear, think, continue, could, price quote, anticipate, suggest, mean, may, strategy, possible, anticipate, task, pursue, will, would and other comparable terms and expressions, along with making use of the future tense. Positive declarations are neither historic truths nor guarantees of future efficiency. Rather, they are based just on existing beliefs, expectations and presumptions concerning the future of business of the Business, future strategies and methods, forecasts, prepared for occasions and patterns, the economy and other future conditions. Since positive declarations associate with the future, they go through intrinsic unpredictabilities, threats and modifications in scenarios that are hard to anticipate and a number of which are beyond our control, consisting of the threats explained in our registration declarations and yearly reports under the heading “Danger Elements” as submitted with the Securities and Exchange Commission. Real outcomes and monetary condition might vary materially from those suggested in the positive declarations. For that reason, you must not depend on any of these positive declarations. Positive declarations in this news release speak just since the date hereof. Unless otherwise needed by law, we carry out no commitment to openly upgrade or modify these positive declarations, whether due to the fact that of brand-new details, future occasions or otherwise.

Info consisted of on, or that can be accessed through, the Business’s site or any other site or any social networks is specifically not integrated by recommendation into and is not a part of this news release.

SOURCE CN Energy Group. Inc.

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