Company: CNEY
Filing Date: 2025-10-29
Form Type: F-1/A
Source: 0001477932-25-007791
Chunk: 2

Company: CN ENERGY GROUP. INC.
Filing Date: 2025-10-29
Form: F-1/A
Chunk 2
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the “Class A Ordinary Shares”) of CN Energy Group. Inc. (the “Company”), by the selling securityholders named herein (together with any of such securityholders’ transferees, pledgees, donees or successors, the “Selling Shareholders”) of up to 1,977,302 Class A Ordinary Shares issued to certain investors (the “Class A Investors”) pursuant to that certain Class A Securities Purchase Agreement, dated August 1, 2025 (the “Class A Purchase Agreement”). The Company will not receive any proceeds from the release of these Shares by the Selling Shareholders.

On August 1, 2025, the Company entered into the Class A Purchase Agreement with the Class A Investors, pursuant to which the Company issued to the Class A Investors an aggregate of 1,977,302 Class A Ordinary Shares at a price per share of $2.30, for an aggregate purchase price of $4,547,800.00.

We are not selling any shares under this prospectus, and we will not receive any of the proceeds from the sale of Shares by the Selling Shareholders. We will bear all costs, expenses and fees in connection with the registration of Shares. The Selling Shareholders will bear all commissions and discounts, if any, attributable to its sales of Shares.

The Selling Shareholders may sell the Shares offered by this prospectus from time to time on terms to be determined at the time of sale through ordinary brokerage transactions or through any other means described in this prospectus under the caption “Plan of Distribution.” The Shares may be sold at fixed prices, at prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time of sale, or at negotiated prices.

Our Class A Ordinary Shares are listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “CNEY”. On October 22, 2025, the last reported sale price of our Class A Ordinary Shares was $1.91 per share.

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We are not a Chinese operating company but a British Virgin Islands holding company with operations primarily conducted by our subsidiaries established in the People’s Republic of China (“PRC” or “China”). Therefore, investing in our securities being offered pursuant to this prospectus involves unique and a high degree of risk. You should carefully read and consider the risk factors beginning on page 15 of this prospectus and the risk factors described in the periodic and other reports we file with the Securities and Exchange Commission