WestPark Announces Closing of a $6,000,000 Initial Public Offering for CDT Environmental (NASDAQ: CDTG)
April 23 2024 - 12:40PM
Business Wire
WestPark Capital today announced the closing of a $6,000,000 IPO
for CDT Environmental Technology Investment Holdings Limited
(“CDT”). CDT is a waste treatment company that designs, develops,
manufactures, sells, installs, operates and maintains sewage
treatment systems and provides sewage treatment services in China.
The IPO consisted of 1,500,000 ordinary shares at a public offering
price of $4.00 per share resulting in gross proceeds of $6,000,000,
before offering expenses.
WestPark Capital, Inc. (“WestPark Capital”) was the sole
book-running manager for the offering.
A registration statement on Form F-1 (File No. 333-252127), as
amended, including a prospectus relating to the offering, was filed
with the U.S. Securities and Exchange Commission (the “SEC”), and
was declared effective by the SEC on March 29, 2024. The offering
of the ordinary shares was made only by means of a prospectus.
Copies of the final prospectus relating to the offering may be
obtained on the SEC’s website at www.sec.gov and may also be
obtained from WestPark Capital, Inc., 1900 Avenue of the Stars,
Suite 300, Los Angeles, CA, 90067, or by email at
jstern@wpcapital.com.
Before you invest, you should read the prospectus and other
documents CDT has filed or will file with the SEC for more complete
information about CDT and the offering. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About WestPark Capital, Inc.
WestPark Capital is a full-service investment bank focused on
emerging growth sectors such as healthcare, software, technology,
biotechnology, financial services, manufacturing, consumer
products, media and telecom industries, among other categories.
WestPark Capital provides a comprehensive range of corporate
finance services, including initial public offerings, follow-on
offerings, private placements, CMPOs, RDs, ATM, SIPOs and corporate
finance advisory services. Additional information about WestPark
Capital is available at www.wpcapital.com or at
info@wpcapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240423848911/en/
WestPark Capital, Inc. Jason Stern info@wpcapital.com
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