US Market News
3週前
CN Energy Subsidiary Pathenbot Signs Intelligent Cargo Sorting Services OrderMay 22, 2026 6:00 AM
PR Newswire (US) CN Energy Subsidiary Pathenbot Launches Intelligent Robotic Cargo Sorting ServicesLISHUI, China, May 22, 2026 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that its wholly-owned subsidiary, Pathenbot Group Inc. ("Pathenbot"), has recently signed an intelligent cargo sorting services order, marking the commercial launch of the Company's intelligent robotic cargo sorting services in the United States.Under the agreement, Pathenbot will provide intelligent robotic sorting services, including barcode scanning, SKU recognition, cargo classification, order consolidation, and operational data support. The initial order covers 100,000 units of cargo sorting services.This order marks the beginning of Pathenbot's commercial deployment of its intelligent sorting robots, representing another significant milestone in Pathenbot's continued expansion into smart logistics and warehouse robotics services.Currently, the Company has deployed intelligent sorting robots across the western United States. Building on this success, the Company plans to further expand its intelligent sorting robot deployment into the central and eastern United States.Mr. Wenhua Liu, interim CEO of CNEY, stated:"This order marks the beginning of CNEY's intelligent robotic cargo sorting operations in the United States, and represents a landmark milestone in CNEY's strategic rollout of intelligent robotic cargo sorting services across the country."About CN Energy Group. Inc.CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com.Cautionary Note Regarding Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.These forward-looking statements include statements regarding the expected closing of the transaction, the expected benefits of the acquisition, and the Company's strategic expansion plans. These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction.Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release. View original content:https://www.prnewswire.com/news-releases/cn-energy-subsidiary-pathenbot-signs-intelligent-cargo-sorting-services-order-302779902.htmlSOURCE CN Energy Group. Inc. Original: CN Energy Subsidiary Pathenbot Signs Intelligent Cargo Sorting Services Order
US Market News
3月前
CNEY Regains Compliance with Nasdaq Minimum Bid Price RequirementMarch 6, 2026 9:00 AM
PR Newswire (US)
LISHUI, China, March 6, 2026 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" and the "Company"), today announced that, on March 5, 2026, it received a notification from the Office of the General Counsel of The Nasdaq Stock Market LLC stating that the Nasdaq Hearings Panel had determined that the Company had regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Notwithstanding the Hearings Panel's determination, the Company will remain subject to a discretionary monitoring period of one year. If, during that one-year monitoring period, Nasdaq Staff determines that the Company fails to comply with any continued listing requirement, the Company will be subject to a delisting determination without an opportunity to submit a compliance plan to Nasdaq Staff or to benefit from any otherwise applicable cure or compliance period. However, the Company would have the right to request a new hearing before the Hearings Panel.The Company's Class A ordinary shares will continue to trade in The Nasdaq Capital Market under the ticker "CNEY."About CN Energy Group. Inc.With patented proprietary bioengineering and physiochemical technologies, the Company has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into a valuable product and delivering significant financial, economic, environmental, and ecological benefits. The Company's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com.Cautionary Note Regarding Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially.Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release.
View original content:https://www.prnewswire.com/news-releases/cney-regains-compliance-with-nasdaq-minimum-bid-price-requirement-302706491.htmlSOURCE CN Energy Group. Inc.
Original: CNEY Regains Compliance with Nasdaq Minimum Bid Price Requirement
US Market News
4月前
CN Energy Group. Inc. Announces Planned Acquisition of Blessing Logistics Ltd.February 23, 2026 6:30 AM
PR Newswire (US)
LISHUI, China, Feb. 23, 2026 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY, "CNEY" or the "Company") today announced that it has entered into a Share Purchase Agreement to acquire 100% of the outstanding shares of Blessing Logistics Ltd. ("Blessing Logistics"), an oil trading company incorporated in Alberta.Under the terms of the agreement, the total purchase consideration is USD $2.0 million, expected to be satisfied through the issuance of Class A Ordinary Shares of CNEY. The number of shares to be issued will be determined based on the volume-weighted average price of CNEY's Class A Ordinary Shares for the five consecutive trading days immediately preceding the closing date, subject to adjustment as provided in the agreement.The closing of the transaction is subject to customary closing conditions and is expected to occur on or before March 31, 2026.Founded in 2015, Blessing Logistics is a registered oil company with the Alberta Energy Regulator (AER) and holds Canadian crude oil export licenses. The company is also recognized as a qualified trader within the CNPC system, and is engaged primarily in oil trading as well as crude oil and asphalt exports.The proposed acquisition is expected to provide CNEY with a fully operational North American entity and critical regulatory licenses supporting the Company's strategic expansion into the North American oil market. The integration of Blessing Logistics is expected to strengthen CNEY's operational capabilities and enhance its participation in global crude oil trading and export activities.Mr. Wenhua Liu, interim CEO of CNEY, commented:"We are pleased to enter into this agreement to acquire Blessing Logistics. This transaction represents an important step in executing CNEY's global energy strategy. Following closing, we expect to leverage Blessing Logistics' operational platform and licenses to expand our international crude oil trading business and create long-term value for our shareholders."About CN Energy Group. Inc.CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com.Cautionary Note Regarding Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.These forward-looking statements include statements regarding the expected closing of the transaction, the expected benefits of the acquisition, and the Company's strategic expansion plans. These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction.Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release.
View original content:https://www.prnewswire.com/news-releases/cn-energy-group-inc-announces-planned-acquisition-of-blessing-logistics-ltd-302694397.htmlSOURCE CN Energy Group. Inc.
Original: CN Energy Group. Inc. Announces Planned Acquisition of Blessing Logistics Ltd.
US Market News
4月前
CN Energy Subsidiary Pathenbot Signs Automation Product Order with New York Logistics EnterpriseFebruary 11, 2026 5:30 AM
PR Newswire (US)
LISHUI, China, Feb. 11, 2026 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that its wholly-owned subsidiary, Pathenbot Group Inc. ("Pathenbot"), has successfully entered into an equipment sales agreement for the sale of commercial automation equipment with a specialized warehousing and logistics enterprise based in New York State. This agreement marks a further expansion of the Company's business footprint within the United States.Pathenbot has been advancing its commercial implementation since its inception, and this agreement represents further progress in the U.S. East Coast market. Under the terms of the agreement, Pathenbot will provide the New York-based client with customized commercial logistics automation equipment, delivering electric printing and labeling machine and related equipment.The equipment is scheduled to be deployed at the client's warehousing and logistics center in New York. Pathenbot's technical solutions aim to facilitate the client's transition from manual operations to intelligent workflows, significantly enhancing standardization capabilities and overall operational efficiency in sorting and packaging processes. This transaction constitutes a standard equipment sales activity within the normal course of business for CNEY and Pathenbot. The contract was executed and became effective on February 6, 2026. Pathenbot is currently proceeding with equipment delivery and performance obligations according to the schedule.Mr. Wenhua Liu, the interim CEO of CNEY, commented: "Obtaining this order in New York once again confirms that Pathenbot's technical products can meet the demands of local U.S. enterprises for supply chain upgrades and automation. We remain committed to providing efficient and reliable intelligent equipment to help our clients build a competitive advantage in the increasingly competitive logistics industry."About CN Energy Group. Inc.CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com.Cautionary Note Regarding Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.Forward-looking statements in this press release include, among other things, statements regarding the proposed acquisition of Blessing Logistics Ltd., the ability of the parties to enter into a definitive agreement, the timing and likelihood of completing the proposed transaction, the issuance and value of any shares to be issued as consideration, and the Company's expectations regarding its future business development. These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction.Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release.
View original content:https://www.prnewswire.com/news-releases/cn-energy-subsidiary-pathenbot-signs-automation-product-order-with-new-york-logistics-enterprise-302684777.htmlSOURCE CN Energy Group. Inc.
Original: CN Energy Subsidiary Pathenbot Signs Automation Product Order with New York Logistics Enterprise
US Market News
4月前
CN Energy Group Inc. Announces Entry into Framework Agreement for Proposed Acquisition of Blessing Logistics Ltd.January 29, 2026 5:30 AM
PR Newswire (US)
LISHUI, China, Jan. 29, 2026 /PRNewswire/ -- CN Energy Group Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that, on January 25, 2026, it entered into a framework agreement (the "Framework Agreement") with the shareholders of Blessing Logistics Ltd. ("Blessing Logistics"), an oil trading company incorporated in Alberta, Canada, regarding a potential acquisition transaction.Pursuant to the Framework Agreement, the parties have agreed to negotiate in good faith toward a definitive share purchase agreement to which CNEY would acquire approximately 82% of the equity interests in Blessing Logistics, representing equity with voting rights, in consideration for the issuance of the Company's Class A ordinary shares. The aggregate value of consideration is currently expected to be approximately US$2.0 million, based on assumptions to be agreed by the parties, and is subject to change based on, among other things, due diligence results, final valuation, market conditions, and the terms of the definitive agreement. If the parties do not enter into a definitive share purchase agreement within 60 days following the execution date of the Framework Agreement, either party may terminate the Framework Agreement upon written notice.Founded in 2015, Blessing Logistics is an oil trading company registered with the Alberta Energy Regulator (AER). According to information provided by Blessing Logistics, it holds a Canadian crude oil export license and is a qualified trader within the China National Petroleum Corporation (CNPC) system. Blessing Logistics is primarily engaged in oil trading and the export of crude oil and bitumen in Canada.The Company believes that if completed, this proposed transaction could represent an important step in CNEY's expansion into the energy sector, and its business development in the North American market. In recent years, the Company has promoted its activated carbon products for use in oilfield-related applications, and through these commercial activities, the Company identified the value and potential underlying oilfield and related energy trading opportunities. If the proposed transaction is consummated, CNEY currently plans to use Blessing Logistics as a platform to pursue oil trading and related upstream investment opportunities. The completion of the proposed transaction is subject to, among other things, the negotiation and execution of a definitive acquisition agreement, the satisfactions of customary closing conditions, and applicable regulatory and corporate approvals. There can be no assurance that these conditions will be satisfied or that the proposed transaction will be completed.Wenhua Liu, the interim CEO of CNEY, commented: "If the proposed transaction is completed, we believe it could represent an important step in CNEY's global strategic expansion. Blessing Logistics' comprehensive compliance structure, export licenses, and trading qualifications could provide a foundation for our entry into the energy market. If the transaction closes, we plan to leverage this platform to pursue opportunities in energy trading and upstream investment, with the objective of building long-term value for our shareholders."About CN Energy Group. Inc.CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." CNEY has pioneered and specialized in producing high-quality recyclable activated carbon from raw carbon materials, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com.Cautionary Note Regarding Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally be identified by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "will," "would," and similar expressions. Forward-looking statements are based on current beliefs, expectations, and assumptions and are not guarantees of future performance.Forward-looking statements in this press release include, among other things, statements regarding the proposed acquisition of Blessing Logistics Ltd., the ability of the parties to enter into a definitive agreement, the timing and likelihood of completing the proposed transaction, the issuance and value of any shares to be issued as consideration, and the Company's expectations regarding its future business development. These statements are subject to risks and uncertainties, including those described under "Risk Factors" in the Company's filings with the Securities and Exchange Commission, and actual results may differ materially, including if the parties do not enter into definitive agreements, required approvals are not obtained, or the Company is unable to integrate the business or realize the anticipated benefits of the transaction.Forward-looking statements speak only as of the date hereof, and the Company undertakes no obligation to update them, except as required by law. Information on the Company's website or social media is not incorporated by reference into this press release.
View original content:https://www.prnewswire.com/news-releases/cn-energy-group-inc-announces-entry-into-framework-agreement-for-proposed-acquisition-of-blessing-logistics-ltd-302673781.htmlSOURCE CN Energy Group. Inc.
Original: CN Energy Group Inc. Announces Entry into Framework Agreement for Proposed Acquisition of Blessing Logistics Ltd.
georgie18
1年前
CNEY...added the .27 Range dip...🥳
georgie18
Member Level
Re: None
Tuesday, January 07, 2025 1:54:43 PM
Post#
93
of 97
CNEY...425...🥳..."W" Pattern setting up here... https://schrts.co/dNJpPnzY ...
LISHUI, China, Dec. 5, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it entered into Warrant Inducement Agreements with certain holders (each, a "Holder") of the Company's existing ordinary share purchase warrants issued in January 2023 (the "Existing Warrants"), covering up to an aggregate of 6,576,278 class A ordinary shares of the Company, no par value (the "Ordinary Shares"), pursuant to which (i) the exercise price of the Existing Warrants will be reduced from $1.4529 per share to $0.32 per share (the "Reduced Exercise Price") to the extent exercised by each Holder, and (ii) in exchange for each Holder's cash payment of the Reduced Exercise Price of the Existing Warrants in part or whole, the Company will issue new unregistered ordinary share purchase warrants (the "New Warrants"), to incentivize the Holders to exercise the Existing Warrants in cash. The New Warrants will be immediately exercisable upon issuance, have an exercise price of $0.32 and will expire January 5, 2028. The Holders will have until January 5, 2025 to exercise such Existing Warrants at the Reduced Exercise Price and receive New Warrants.
The issuance of the Existing Warrants and the issuance of the Ordinary Shares upon exercise thereof have been registered on a registration statement previously filed with and declared effective by the Securities and Exchange Commission. The Company also agreed to file a registration statement covering the resale of the Ordinary Shares issued or issuable upon the exercise of the New Warrants (the "Warrant Shares"). The New Warrants and Warrant Shares were offered in reliance upon the exemption provided by Section 4(a)(2) of the Securities Act of 1933, as amended. As of December 4, 2024, the Company had 8,218,764 Class A ordinary shares issued and outstanding.
Aegis Capital Corp. is acting as the exclusive placement agent for the offering.
georgie18
1年前
CNEY...425...🥳..."W" Pattern setting up here... https://schrts.co/dNJpPnzY ...
LISHUI, China, Dec. 5, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it entered into Warrant Inducement Agreements with certain holders (each, a "Holder") of the Company's existing ordinary share purchase warrants issued in January 2023 (the "Existing Warrants"), covering up to an aggregate of 6,576,278 class A ordinary shares of the Company, no par value (the "Ordinary Shares"), pursuant to which (i) the exercise price of the Existing Warrants will be reduced from $1.4529 per share to $0.32 per share (the "Reduced Exercise Price") to the extent exercised by each Holder, and (ii) in exchange for each Holder's cash payment of the Reduced Exercise Price of the Existing Warrants in part or whole, the Company will issue new unregistered ordinary share purchase warrants (the "New Warrants"), to incentivize the Holders to exercise the Existing Warrants in cash. The New Warrants will be immediately exercisable upon issuance, have an exercise price of $0.32 and will expire January 5, 2028. The Holders will have until January 5, 2025 to exercise such Existing Warrants at the Reduced Exercise Price and receive New Warrants.
The issuance of the Existing Warrants and the issuance of the Ordinary Shares upon exercise thereof have been registered on a registration statement previously filed with and declared effective by the Securities and Exchange Commission. The Company also agreed to file a registration statement covering the resale of the Ordinary Shares issued or issuable upon the exercise of the New Warrants (the "Warrant Shares"). The New Warrants and Warrant Shares were offered in reliance upon the exemption provided by Section 4(a)(2) of the Securities Act of 1933, as amended. As of December 4, 2024, the Company had 8,218,764 Class A ordinary shares issued and outstanding.
Aegis Capital Corp. is acting as the exclusive placement agent for the offering.
subslover
2年前
CNEY Receives NASDAQ Minimum Bid Price Requirement Extension
LISHUI, China, Dec. 3, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that on November 26, 2024, the Company received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, while the Company has not regained compliance with the minimum $1.00 bid price per share requirement (the "Minimum Bid Price Requirement"), Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until May 27, 2025 (the "Second Compliance Period"), to regain compliance. Nasdaq's determination was based on (i) the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and (ii) the Company's written notice to Nasdaq of its intention to cure the deficiency during the Second Compliance Period by effecting a reverse stock split, if necessary.
If at any time during the Second Compliance Period, the closing bid price of the Company's Class A ordinary shares meets or exceeds US$1.00 per share for at least ten consecutive business days, Nasdaq will provide written confirmation of compliance, and this matter will be closed.
The Company intends to continue to actively monitor its compliance with the Minimum Bid Price Requirement and, as appropriate, will consider available options to resolve any deficiencies and regain compliance, including the implementation of a reverse share split, if necessary.