The notification, dated July 15, 2026, triggers a 180-day grace period ending January 12, 2027. During this window, the company must see its closing bid price climb to at least $1.00 for a minimum of ten consecutive trading days to satisfy Nasdaq Listing Rule 5550(a)(2). Until then, the company’s ordinary shares will continue to trade under the ticker CNEY without immediate interruption.
Should the company fail to regain compliance within the initial six-month window, it may qualify for an additional 180-day extension, provided it meets other exchange requirements. Management has stated it intends to actively monitor its market performance and evaluate strategic options to satisfy the listing criteria. The company, which specializes in converting industrial waste into activated carbon and developing automation tools, remains listed on the Nasdaq Capital Market.
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