Welcome to our dedicated page for Cn Energy Group SEC filings (Ticker: CNEY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Every filing type is covered and explained:
- 10-K: See CN Energy annual report 10-K simplified with segment revenue breakouts, feedstock risks, and Nasdaq compliance notes.
- 8-K: Material contracts or plant outages? CN Energy 8-K material events explained in minutes.
- DEF 14A: Explore CN Energy proxy statement executive compensation to benchmark pay versus peers.
- Form 4: Drill into CN Energy executive stock transactions Form 4 to spot timing patterns.
Whether you’re understanding CN Energy SEC documents with AI for strategic investment or just hunting for environmental subsidy details, Stock Titan delivers comprehensive coverage, AI-driven clarity, and real-time updates that keep you ahead of the next disclosure.
Mullen Automotive Inc. (Nasdaq: MULN) has filed Amendment No. 2 to its Form S-1 to register 40 million shares of common stock for resale by existing investors. The shares are issuable upon conversion of senior secured convertible notes and the cashless exercise of five-year warrants that were issued in a series of private placements completed between May 2024 and April 2025. The filing does not involve a primary offering—Mullen will receive no proceeds from share sales by the selling stockholders and is unlikely to receive cash from warrant exercises because the warrants allow a cashless mechanism that becomes more lucrative as the share price falls.
Capital structure & potential dilution
- Only 10,539,020 common shares were outstanding on 24 Jun 2025, yet the notes and warrants already outstanding could convert into 8.288 billion shares at their floor prices—roughly an 800-fold increase.
- The filing covers just 40 million of those potential shares; additional registration statements are contractually required.
- Conversion and exercise are capped at 9.99 % beneficial ownership per holder, but investors can sequentially convert, sell and reconvert, enabling large volume over time.
- Seven reverse stock splits (most recently 1-for-100 on 2 Jun 2025) have been executed since May 2023; the board is seeking authority for another split of 1-for-2 to 1-for-250.
Financings
- 5 % Original-Issue-Discount Senior Secured Notes accrue 15 % interest and mature four months after issuance. Conversion price is 95 % of the lowest VWAP in the prior five trading days, subject to noted floors ($1.16–$0.02).
- Warrants entitle holders to 200 % of the note share count at 105 % of the reference price or via cashless exercise using a Black-Scholes formula with a $0.01 floor.
- Investors hold additional rights to purchase up to $62.5 m (May 2024 round), $6.3 m (Jan 2025) and $3.1 m (Feb 2025) of further notes and warrants.
Listing status
- On 25 Feb 2025 Nasdaq notified Mullen that its Market Value of Listed Securities had been below the $35 m minimum for 30 consecutive days; the company has until 25 Aug 2025 to regain compliance.
- Earlier bid-price deficiencies were remedied via reverse splits, but cumulative splits above the 250-to-1 threshold could jeopardize future compliance periods.
Operating snapshot
- Mullen has pivoted to commercial EVs, acquiring 95 % of Bollinger Motors and beginning Class 3 truck shipments (Sep 2023) and Class 1 van shipments (Nov 2023).
- Tunica, MS plant is operational; Bollinger’s Class 4 truck is contract-manufactured by Roush (started Sep 2024).
- The consumer crossover program (Mullen FIVE) is on hold.
Key risks highlighted
- Massive potential dilution and “overhang” from continuous note conversion and warrant exercise.
- Dependence on further reverse splits to maintain Nasdaq listing.
- Anti-dilution features in existing preferred stock and convertible securities.
- Short-sale pressure encouraged by the structure of financing instruments.
CN Energy Group Inc. (CNEY) filed a Form 6-K disclosing an amendment to its previously announced US$20 million Securities Purchase Agreement with Streeterville Capital, LLC. The April 4, 2025 agreement allows the investor to make one or more pre-paid purchases of Class A ordinary shares up to the US$20 million cap. The 18 June 2025 amendment makes four principal changes:
- Section 11 of the original agreement will no longer apply to floor-price provisions.
- A specific Floor Price of US$0.626 per share is now defined, limiting future conversions or issuances below this level.
- The company must file the required Form F-3 registration statement by 30 June 2025 (previously unspecified).
- The effectiveness window for the registration statement is extended to 115 days from 90 days, providing additional time for SEC review and share resale eligibility.
All other terms of the Purchase Agreement remain unchanged. The amendment is furnished as Exhibit 99.1 and the 6-K will be incorporated by reference into CNEY’s existing Form F-3 shelf registration (File No. 333-264579).
No financial statements or earnings data were included. The filing mainly updates procedural and pricing safeguards related to the potential equity financing, which could be dilutive if the company issues shares near the US$0.626 floor price.