CN Energy Group Inc. Announces 1-for-25 Reverse Stock Split Effective May 19, 2025

Reuters
15 May
CN Energy Group Inc. Announces 1-for-25 Reverse Stock Split Effective May 19, 2025

CN Energy Group Inc. $(CNEY)$ has announced a 1-for-25 reverse stock split of its Class A ordinary shares, effective at 12:01 a.m. Eastern Time on May 19, 2025. This move is aimed at increasing the market price per share to meet the Nasdaq Capital Market's minimum bid price requirement. The number of Class A ordinary shares will be reduced from approximately 75.28 million to about 3.01 million. The shares will continue trading under the ticker "CNEY," with a new CUSIP number G2181K204.

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