CN Energy Group. Inc. received a notification from Nasdaq notifying the Company's ordinary shares were below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The Company has a 180-day compliance period ending January 12, 2027, to regain compliance, with a potential for an additional 180-day grace period if other requirements are met. CN Energy Group. Inc. produces high-quality recyclable activated carbon and provides robotics and automation solutions for industrial businesses.

CN Energy Group, Inc. entered into a Mutual Settlement Agreement and Release with former CEO Steven Berman on June 3, 2026, to resolve disputes and claims arising from his indefinite suspension and an internal investigation. The Company agreed to pay $25,000 to Mr. Berman's counsel in full and final settlement. Mr. Berman resigned from all positions with the Company and related parties effective June 3, 2026. CN Energy Group, Inc. is an energy company based in China.