SHENZHEN, China, June 20, 2025 — CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) (“CDT” or the “Company”), a leading Chinese provider of waste treatment solutions, announced it received a notification on June 18, 2025, from Nasdaq regarding non-compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires a minimum bid price of US$1.00 per ordinary share, par value US$0.0025, which the Company’s share price failed to meet for 30 consecutive business days. The notification does not immediately delist the Company’s securities.
The Company clarifies that the notification does not currently affect the listing or trading of its securities on Nasdaq. According to Nasdaq Listing Rule 5810(c)(3)(A), CDT has a 180-calendar-day compliance period, until December 15, 2025, to regain compliance. Compliance will be achieved if the closing bid price is at least US$1.00 for a minimum of 10 consecutive business days, upon which Nasdaq will issue a written confirmation.
If compliance is not regained by December 15, 2025, the Company may be eligible for an additional 180-day compliance period, subject to Nasdaq staff determination. This extension requires meeting continued listing requirements for market value of publicly held shares and all other initial listing standards, except the bid price, and providing written notice to Nasdaq of its intent to rectify the minimum bid price deficiency.
The Company plans to monitor its share price until December 15, 2025, and is evaluating options to regain compliance with Nasdaq Listing Rules. CDT is currently compliant with all other applicable Nasdaq continued listing standards. The notification does not impact the Company’s operations, SEC reporting obligations, or contractual commitments.
Safe Harbor Statements
This release contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995’s safe harbor provisions. These statements can be identified by terms like “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or similar expressions, and relate to future events or trends rather than historical facts. They include, but aren’t limited to, statements about partnerships, customer relationships, revenue projections, market opportunities, the Company’s growth potential, advantages, and ability to attract and retain talent. These statements are based on assumptions and management’s current expectations and are subject to risks, uncertainties, and factors that could cause actual results to differ materially from those expressed or implied. Further information on these risks is available in the Company’s filings with the U.S. Securities and Exchange Commission. While the Company believes its forward-looking statements are reasonable, they are based on uncertain facts, factors, and projections. The Company’s views are as of this press release date and may change. The Company undertakes no duty to update these statements, except as required by law.
About CDT Environmental Technology Investment Holdings Limited
CDT, based in Shenzhen, China, is a leading national company in China’s waste treatment industry. It specializes in designing, developing, manufacturing, selling, installing, operating, and maintaining sewage treatment systems, as well as providing sewage treatment services. CDT is committed to sustainable development through innovative solutions. Founded by pioneers in the field, CDT aims to advance next-generation technologies that directly address environmental challenges and promote sustainability. A recognized brand in China, CDT focuses on innovation and customer satisfaction.
CDT aims to help customers achieve infrastructure goals while promoting positive technological changes in environmental protection. It collaborates with industry leaders, experts, and stakeholders to develop and implement advanced waste treatment solutions. Recently listed on the Nasdaq Capital Market, CDT is a major player in the waste treatment market, offering comprehensive solutions and having completed over 150 plants across China.
For more information, visit CDT’s website at https://www.cdthb.cn
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United States
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Kevin McGrath
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kevin@tradigitalir.com
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