05:15 AM EDT, 09/12/2024 (MT Newswires) -- CN Energy ( CNEY ) said late Wednesday it has been notified that it is not in compliance with the Nasdaq Stock Market's listing rules.

The company's class A ordinary shares for 30 consecutive business days have failed to meet the minimum $1 million market value requirement for continued listing, according to a statement.

The company said it has until March 5 to regain compliance. It intends to monitor the class A shares and may, if appropriate, consider available options to regain compliance.

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