CNEY Receives Nasdaq Notifications Regarding Minimum Market Value of Publicly Held Shares Requirement

Core Points - CN Energy Group, Inc. has received a notification from Nasdaq regarding non-compliance with the Market Value of Publicly Held Shares (MVPHS) requirement, specifically that its Class A Shares did not meet the minimum $1,000,000 requirement for 30 consecutive business days [1][2] - The company has a compliance period of 180 calendar days, until March 5, 2025, to regain compliance with the MVPHS requirement [2][3] - If compliance is not achieved within the specified period, the company may face delisting or may apply to transfer its securities to The Nasdaq Capital Market [3] Company Overview - CN Energy Group, Inc. specializes in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, utilizing patented bioengineering and physiochemical technologies [4] - The company's products are used across various sectors, including food and beverage, industrial, pharmaceutical, and environmental protection [4]