CN Energy Group Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
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CN Energy Group Inc. (CNEY) has regained compliance with Nasdaq's minimum bid price requirement after initially receiving a deficiency notice on May 28, 2024. The company failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. Nasdaq extended the compliance deadline to May 27, 2025, and confirmed on June 4, 2025, that CNEY's shares maintained the required price for 10 consecutive business days, resolving the compliance issue.
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