CDT Environmental Technology Investment Holdings Limited Announces Closing of Initial Public Offering
22 Aprile 2024 - 7:33PM
CDT Environmental Technology Investment Holdings Limited (“CDT”), a
waste treatment company that designs, develops, manufactures,
sells, installs, operates and maintains sewage treatment systems
and provides sewage treatment services in China, announces the
closing of its underwritten initial public offering of 1,500,000
ordinary shares at a public offering price of $4.00 per share,
before underwriting discounts and commissions, resulting in gross
proceeds of $6,000,000, before underwriting discounts and
commissions and offering expenses. The offering was conducted on a
firm commitment basis. All of the ordinary shares were offered by
CDT.
The ordinary shares were approved for listing on
The Nasdaq Capital Market and commenced trading under the ticker
symbol “CDTG” on April 18, 2024.
WestPark Capital, Inc. (“WestPark Capital”) was
the sole book-running manager for the offering. CDT has granted the
underwriters a 45-day option to purchase up to an additional
225,000 ordinary shares at the initial public offering price, less
underwriting discounts and commissions, to cover over-allotments,
if any.
A registration statement on Form F-1 (File No.
333-252127), as amended, including a prospectus relating to the
offering, was filed with the U.S. Securities and Exchange
Commission (the “SEC”), and was declared effective by the SEC on
March 29, 2024. The offering of the ordinary shares was made only
by means of a prospectus. Copies of the final prospectus relating
to the offering may be obtained on the SEC’s website at
www.sec.gov and may also be obtained from WestPark Capital,
Inc., 1900 Avenue of the Stars, Suite 300, Los Angeles, CA, 90067,
or by email at jstern@wpcapital.com.
Before you invest, you should read the
prospectus and other documents CDT has filed or will file with the
SEC for more complete information about CDT and the offering. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About CDT Environmental Technology
Investment Holdings Limited
CDT, headquartered in Shenzhen, China, is a
waste treatment company that designs, develops, manufactures,
sells, installs, operates and maintains sewage treatment systems
and provides sewage treatment services in China. For more
information, visit CDT’s website at https://www.cdthb.cn.
About WestPark Capital,
Inc.
WestPark Capital is a full-service investment
bank focused on emerging growth sectors such as healthcare,
software, technology, biotechnology, financial services,
manufacturing, consumer products, media and telecom industries,
among other categories. WestPark Capital provides a comprehensive
range of corporate finance services, including initial public
offerings, follow-on offerings, ATMs, Registered Direct Offerings
(RD), CMPOs, private placements, SIPOs and corporate finance
advisory services. Additional information about WestPark Capital is
available at www.wpcapital.com or by email
at info@wpcapital.com.
CDT Contact
CDT Environmental Technology Investment Holdings
Limited Yunwu Li, Chief Executive Officer and Chairman of the Board
of Directorsliyunwu@cdthb.cn86-0755-86667996
Grafico Azioni CDT Environmental Techno... (NASDAQ:CDTG)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni CDT Environmental Techno... (NASDAQ:CDTG)
Storico
Da Gen 2024 a Gen 2025