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CDT Environmental Technology Investment Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq

SHENZHEN, China, April 17, 2024 (GLOBE NEWSWIRE) -- 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 pricing 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. The offering is being conducted on a firm commitment basis. All of the ordinary shares are being offered by CDT. The total expected gross proceeds of the initial public offering are $6,000,000, before underwriting discounts and commissions and offering expenses. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading under the ticker symbol "CDTG" on April 18, 2024. The offering is expected to close on April 22, 2024, subject to customary closing conditions. WestPark Capital, Inc. ("WestPark Capital") is 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, ...