Core Viewpoint - CDT Environmental Technology Investment Holdings Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, but this does not lead to immediate delisting and the company has a compliance period to rectify the situation [1][2][3]. Company Compliance Status - The company was notified that its closing bid price per ordinary share has been below US$1.00 for 30 consecutive business days [1]. - CDT has an initial compliance period of 180 calendar days, until December 15, 2025, to regain compliance by achieving a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [2]. - If compliance is not regained by the deadline, the company may be eligible for an additional 180-day compliance period if it meets other listing requirements [3]. Monitoring and Future Actions - The company plans to monitor its closing bid price and is considering options to regain compliance with Nasdaq's minimum bid price requirement [4]. - CDT is currently in compliance with all other applicable Nasdaq continued listing standards [4]. Company Overview - CDT is a leading provider in China's waste treatment sector, focusing on designing, developing, and maintaining sewage treatment systems [6][8]. - The company aims to promote sustainable development through innovative waste treatment solutions and has completed over 150 plants across China [8].
CDT Environmental Technology Announces Receipt of Notification Letter from Nasdaq