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CDT Environmental prices 2M shares at 50c in private placement
Yahoo Finance· 2026-01-07 13:22
Group 1 - CDT Environmental (CDTG) Technology Investment Holdings entered into share subscription agreements with six investors for a total of 2,000,000 class A ordinary shares at a subscription price of $0.50 per share [1] - The agreements are based on similar terms, with some variations in the number of shares and a delay in completion for three of the subscribers [1] - Three of the six subscribers have completed their subscriptions for a total of 1,200,000 shares, with the remaining subscriptions expected to be completed in January or February 2026 [1] Group 2 - The Subscription Shares will be issued in transactions not registered under the U.S. Securities Act, limiting resale options unless exemptions apply [1] - Each subscriber has agreed to a six-month lock-up period during which they cannot resell the Subscription Shares or any securities beneficially owned [1]