CN Energy Group Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

CN Energy Group Inc. (CNEY), based in Zhejiang Province, China, has announced that it has regained compliance with the Nasdaq minimum bid price requirement. Initially, on May 28, 2024, the company received a deficiency notice from Nasdaq for failing to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. Despite being granted a compliance period until November 25, 2024, CNEY had not met the requirement by that date. However, Nasdaq extended the compliance deadline to May 27, 2025. As of June 4, 2025, Nasdaq confirmed that CNEY’s shares maintained a closing bid price of $1.00 or greater for 10 consecutive business days, thereby resolving the compliance issue. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-004449), on June 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here