CDT Environmental Approves 1-for-25 Consolidation Reducing Shares to 3.02M
CDTG•CDT Environmental Technology Investment Holdings approved a 1-for-25 share consolidation, reducing its Class A shares from 75.5 million to 3.02 million. Effective June 1, 2026, the consolidation will change par value to $0.0625 per share, cut total authorized shares to 3.76 million, and maintain Nasdaq listing compliance.
1. Board Approval and Rationale
The Board of Directors authorized a 1-for-25 share consolidation following shareholder approval at the November 26, 2025 Annual General Meeting. The move aims to raise the per-share trading price of Class A and B ordinary shares and satisfy the Nasdaq Capital Market minimum bid price requirement.
2. Consolidation Mechanics
At 12:01 a.m. Eastern Time on June 1, 2026, approximately 75.525 million Class A shares will consolidate into about 3.021 million shares, and authorized Class A and B shares will be reduced to 3.76 million and 240,000 respectively. Par value will change from $0.0025 to $0.0625 per share, fractional shares will be rounded up, and the stock will trade under a new CUSIP (G2030P115) with the CDTG ticker unchanged.
3. Shareholder Exchange Process
VStock Transfer, LLC will serve as exchange agent, issuing instructions for holders of physical certificates to exchange for split-adjusted book-entry shares. Shares held in street name will be automatically adjusted by brokerage firms or banks, and no further action will be required from shareholders to complete the consolidation.
