Core Viewpoint - CN Energy Group, Inc. has announced a Share Purchase Agreement to acquire 100% of Blessing Logistics Ltd., an oil trading company, for a total consideration of USD $2.0 million, expected to be satisfied through the issuance of Class A Ordinary Shares of CNEY [1][2]. Group 1: Acquisition Details - The total purchase consideration for Blessing Logistics is USD $2.0 million, which will be fulfilled through the issuance of Class A Ordinary Shares of CNEY [2]. - The number of shares to be issued will be based on the volume-weighted average price of CNEY's Class A Ordinary Shares for the five trading days preceding the closing date [2]. - The transaction is expected to close on or before March 31, 2026, subject to customary closing conditions [3]. Group 2: Blessing Logistics Overview - Blessing Logistics, founded in 2015, is a registered oil company with the Alberta Energy Regulator and holds Canadian crude oil export licenses [3]. - The company is recognized as a qualified trader within the CNPC system and is primarily engaged in oil trading and crude oil and asphalt exports [3]. Group 3: Strategic Implications - The acquisition is expected to provide CNEY with a fully operational North American entity and critical regulatory licenses, supporting its strategic expansion into the North American oil market [4]. - The integration of Blessing Logistics is anticipated to strengthen CNEY's operational capabilities and enhance its participation in global crude oil trading and export activities [4]. - The interim CEO of CNEY stated that this transaction represents an important step in executing the company's global energy strategy and aims to create long-term value for shareholders [4].

Core Viewpoint - CN Energy Group, Inc. has received a notice from Nasdaq regarding the delisting of its Class A ordinary shares due to the share price being below $1.00 for 30 consecutive business days, which violates Nasdaq Listing Rule 5550(a)(2) [1] Group 1: Delisting Notification - The Staff Determination was issued because the bid price of the Company's Class A ordinary shares has closed at less than $1.00 per share from December 3, 2025, to January 15, 2026 [1] - The Company is not eligible for any compliance period or extension due to having executed multiple reverse stock splits, including a 1-for-30 split on January 19, 2024, and a 1-for-25 split on May 19, 2025, resulting in a cumulative 1-for-750 reverse stock split ratio [1] Group 2: Appeal Process - On January 21, 2026, the Company submitted a hearing request to appeal the Staff Determination, which stays the suspension of trading in the Company's securities pending the Panel's decision [2] - The Company plans to present a plan to the Panel during the hearing to seek an exception or relief regarding the deficiencies identified in the Staff Determination [2] Group 3: Business Operations - The Staff Determination does not affect the Company's business operations or its reporting obligations under the Securities Exchange Act of 1934 [3] Group 4: Company Overview - CN Energy Group, Inc. specializes in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, providing significant financial, economic, environmental, and ecological benefits [4] - The Company's products and services are utilized by various sectors, including food and beverage producers, industrial and pharmaceutical manufacturers, and environmental protection enterprises [4] - CN Energy also develops customizable robotics products, automation tools, and related software solutions for small and medium-sized businesses in North America [4]