CN Energy Group Inc. Implements 1-for-25 Reverse Stock Split to Regain Nasdaq Compliance

Reuters05-20

CN Energy Group Inc. Implements 1-for-25 Reverse Stock Split to Regain Nasdaq Compliance

CN Energy Group Inc. $(CNEY)$ has implemented a 1-for-25 reverse stock split for its Class A ordinary shares, effective May 19, 2025. This move aims to increase the market price per share to meet Nasdaq Capital Market's minimum bid price requirements. Post-split, the number of outstanding shares has been reduced from 75.28 million to approximately 3.01 million. The shares continue to trade under the symbol "CNEY" with a new CUSIP number G2181K204.

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: 0001477932-25-003982), on May 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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