CN Energy Group Inc. Implements 1-for-25 Reverse Stock Split to Regain Nasdaq Compliance

Reuters
2025.05.19 20:10
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CN Energy Group Inc. has executed a 1-for-25 reverse stock split for its Class A ordinary shares, effective May 19, 2025, to comply with Nasdaq's minimum bid price requirements. This action reduces the outstanding shares from 75.28 million to about 3.01 million, while shares will continue trading under the symbol "CNEY" with a new CUSIP number G2181K204.