CN Energy (CNEY) said late Wednesday it has been notified that it is not in compliance with the Nasdaq Stock Market's listing rules.
The company's class A ordinary shares for 30 consecutive business days have failed to meet the minimum $1 million market value requirement for continued listing, according to a statement.
The company said it has until March 5 to regain compliance. It intends to monitor the class A shares and may, if appropriate, consider available options to regain compliance.
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