CDT Environmental Receives Nasdaq Non-Compliance Notice for Low Bid Price

CDT Environmental Technology Investment Holdings (CDTG) has received a notification from Nasdaq stating its shares have traded below the required minimum bid price of $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Despite this non-compliance, the company's shares will not be delisted immediately; it has been granted an initial compliance period until December 15, 2025, to restore its share price to at least $1.00 for 10 consecutive trading days. If unsuccessful, CDTG may qualify for an additional 180-day extension provided it meets other listing requirements and notifies Nasdaq of its efforts to comply. The company is actively considering strategies such as a reverse stock split or business improvements to regain compliance and maintain its Nasdaq listing. CDT Environmental Technology, based in Shenzhen, China, continues its operations unaffected by this notification and remains compliant with other Nasdaq listing standards. Investors are advised to monitor the company's progress and strategic responses to this compliance challenge.