Company: CNEY
Filing Date: 2025-10-29
Form Type: F-1/A
Source: 0001477932-25-007791
Chunk: 159

Company: CN ENERGY GROUP. INC.
Filing Date: 2025-10-29
Form: F-1/A
Chunk 159
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 of the applicable exchange; |

| ● | privately negotiated transactions; |

| ● | distributions to their members, partners or shareholders; |

| ● | short sales effected after the date of the registration statement of which this prospectus is a part is declared effective by the SEC; |

| ● | through the writing or settlement of options or other hedging transactions, whether through an options exchange or otherwise; |

| ● | in market transactions, including transactions on a national securities exchange or quotations service or over-the-counter market; |

| ● | directly to one or more purchasers; |

| ● | through agents; |

| ● | broker-dealers may agree with the Selling Shareholders to sell a specified number of such Class A Ordinary Shares at a stipulated price per share or warrant; and |

| ● | a combination of any such methods of sale. |

The Selling Shareholders may, from time to time, pledge or grant a security interest in some of our Class A Ordinary Shares owned by it and, if the Selling Shareholders defaults in the performance of its secured obligations, the pledgees or secured parties may offer and sell such Class A Ordinary Shares, as applicable, from time to time, under this prospectus, or under an amendment or supplement to this prospectus amending the list of the Selling Shareholders to include the pledgee, transferee or other successors in interest as the Selling Shareholders under this prospectus. The Selling Shareholders also may transfer Class A Ordinary Shares in other circumstances, in which case the transferees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus.

| 96 |

In connection with the sale of our Class A Ordinary Shares or interests therein, the Selling Shareholders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of our Class A Ordinary Shares in the course of hedging the positions they assume. The Selling Shareholders may also sell our Class A Ordinary Shares short and deliver these securities to close out their short positions, or loan or pledge our Class A Ordinary Shares to broker-dealers that in turn may sell these securities. The Selling Shareholders may also enter into option or other transactions with broker-dealers or other financial institutions or the creation of one or more derivative securities that require the delivery to such broker-dealer or other financial institution of our Class A Ordinary Shares offered by this prospectus, which shares such broker-dealer or other financial institution may resell pursuant to this prospectus (as