CN ENERGY GROUP. (CNEY) Company Report

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Recent press releases and 8-K filings for CNEY.

CN Energy Group Inc. Enters Framework Agreement for Blessing Logistics Acquisition

CNEY

M&A

New Projects/Investments

CN Energy Group Inc. (CNEY) signed a framework agreement on January 25, 2026, for the potential acquisition of Blessing Logistics Ltd., a Canadian oil trading company.
CNEY intends to acquire approximately 82% of Blessing Logistics' equity for an estimated aggregate value of US$2.0 million, payable in CNEY's Class A ordinary shares.
This proposed acquisition is a strategic move for CNEY's expansion into the energy sector and the North American market, aiming to utilize Blessing Logistics as a platform for oil trading and upstream investment opportunities.
The completion of the transaction is contingent upon the execution of a definitive agreement within 60 days, customary closing conditions, and regulatory approvals.

Jan 29, 2026, 10:30 AM

CN Energy Group. Inc. Receives Nasdaq Delisting Determination

CNEY

Delisting/Listing Issues

CN Energy Group. Inc. (CNEY) received a Nasdaq Delisting Determination because its Class A ordinary shares closed below $1.00 per share for 30 consecutive business days from December 3, 2025, through January 15, 2026.
The company is not eligible for a compliance period or extension due to having effected multiple reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more, specifically a 1-for-30 reverse stock split on January 19, 2024, and a 1-for-25 reverse stock split on May 19, 2025, resulting in a cumulative 1-for-750 ratio.
On January 21, 2026, CNEY submitted a hearing request to appeal the Staff Determination, which automatically stays the suspension of trading and allows the company's Class A ordinary shares to continue to be listed and trade on Nasdaq during the appeal process.

Jan 23, 2026, 10:10 PM

CN Energy Group Receives Nasdaq Delisting Determination

CNEY

Delisting/Listing Issues

CN Energy Group (CNEY) received a Nasdaq delisting determination because its Class A ordinary shares closed below $1.00 per share for 30 consecutive business days from December 3, 2025, through January 15, 2026.
The company is ineligible for a compliance period due to prior 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 ratio.
CNEY submitted a hearing request on January 21, 2026, to appeal the determination, which automatically stays the suspension of trading.
During the appeal process, CNEY's Class A ordinary shares will continue to be listed and trade on Nasdaq, and the determination does not affect the Company's business operations.

Jan 23, 2026, 10:00 PM

CN Energy Group. Inc. Enters Secured Promissory Note Agreement

CNEY

Debt Issuance

CN Energy Group. Inc. (CNEY) entered into a Note Purchase Agreement with Streeterville Capital, LLC on January 16, 2026, for a secured promissory note with an original principal amount of $7,510,000.00.
The note included an original issue discount of $490,000.00 and $20,000.00 for transaction expenses, resulting in gross proceeds to CNEY of $7,000,000.00.
The note bears 7% annual interest, matures 24 months after its issuance date (January 16, 2026), and is secured by a pledge of equity interests in CNEY Holdings, LLC and $6,000,000.00 in restricted cash collateral.
CNEY may prepay the note at 105% of the outstanding balance, while Streeterville Capital can require monthly redemptions of up to $500,000.00 starting six months after the issuance date.

Jan 22, 2026, 10:00 PM

CN Energy Group. Inc. Reports Swing to Net Income, Completes Acquisition, and Implements Reverse Stock Split

CNEY

Earnings

M&A

Delisting/Listing Issues

CN Energy Group. Inc. reported a significant increase in net income to $6,928,242 for the six months ended March 31, 2025, compared to a net loss of ($2,955,367) for the same period in 2024, with basic earnings per share improving to $13.58 from ($1.64).
Revenues for the six months ended March 31, 2025, decreased by 47.7% to $16.4 million, primarily due to a decrease in activated carbon sales volume, while gross profit increased by 632.9% to $479,230, with the gross profit margin improving to 2.9%.
The company completed the acquisition of 45% of Ynong ordinary shares on April 30, 2025, for a total consideration of $40,913,370, which included the issuance of 50,000,000 Class A ordinary shares and the assignment of $24,548,022 in accounts receivables.
A 1-for-25 reverse stock split of Class A ordinary shares became effective on May 19, 2025, aimed at increasing the market price per share to regain compliance with Nasdaq listing requirements.
CN Energy secured new financing, including an initial $3,230,000 pre-paid purchase from Streeterville Capital, LLC on April 8, 2025, and the issuance of 1,977,302 Class A ordinary shares for $4,547,800 to investors on August 1, 2025.

Sep 29, 2025, 6:28 PM

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