CN Energy Group. Inc. (CNEY) Prices 5M Share IPO at $4/Sh
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CN Energy Group. Inc. Announces Pricing of Initial Public Offering
February 4, 2021 8:00 PM ESTLISHUI, China, Feb. 4, 2021 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"), a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity, today announced the pricing of its initial public offering ("Offering") of 5,000,000 ordinary shares at a public offering price of US$4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on February 5, 2021 under the ticker symbol "CNEY."
The Company expects to receive aggregate gross proceeds of US$20 million from this Offering, before deducting... More