CNEY Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

LISHUI, China, June 3, 2024 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"; NASDAQ: CNEY) today announced that it received a written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") on May 28, 2024. The Notice notifies that the Company is not in full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market.Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 pe ...