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CDT Environmental (Nasdaq: CDTG) backs share capital hike, consolidation

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

CDT Environmental Technology Investment Holdings Limited held an extraordinary general meeting on July 28, 2026, where shareholders passed all resolutions. A special resolution approved changing the Company’s dual foreign Chinese name to 宸邦科技, subject to approval by the Cayman Islands Registrar of Companies.

Shareholders approved an Authorised Share Capital Increase from 4,000,000 to 500,000,000 ordinary shares of par value US$0.0625, creating 466,240,000 additional Class A and 29,760,000 additional Class B shares. They also approved a Share Consolidation framework that would reduce the number of ordinary shares to between 50,000,000 and 100,000,000 with a higher par value, with no fractional shares and rounding up; this consolidation has not yet taken effect and will proceed only if and when the Board sets the exact ratio and effective date. Another resolution authorized the Share Redesignation of 182,983 Class A shares held by CDT Environmental Technology Holdings Limited into Class B shares via repurchase and reissue, with the Company intending to rely on the Nasdaq home country rule exemption and follow Cayman Islands corporate governance practices. Directors and authorized persons were empowered to implement and ratify all related actions. The meeting had 1,472,731 shares represented, about 48.75% of outstanding shares as of the record date.

Positive

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Negative

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Shares represented at EGM 1,472,731 shares Shares present in person or by proxy at the extraordinary general meeting
Participation as % of outstanding 48.75% Portion of CDT Environmental’s outstanding shares represented as of the record date
Previous authorised shares 4,000,000 ordinary shares Authorised share capital before the Authorised Share Capital Increase
New authorised shares 500,000,000 ordinary shares New Authorised Share Capital after shareholder approval
Additional Class A shares created 466,240,000 Class A Ordinary Shares Unissued Class A shares created in the Authorised Share Capital Increase
Additional Class B shares created 29,760,000 Class B Ordinary Shares Unissued Class B shares created in the Authorised Share Capital Increase
Shares subject to Share Redesignation 182,983 shares Class A Ordinary Shares to be redesignated as Class B Ordinary Shares
Authorised Share Capital Increase financial
"by the creation of an additional ... (the “Authorised Share Capital Increase”)."
Share Consolidation financial
"the Company will not issue fractional shares upon the Share Consolidation taking effect."
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
Share Redesignation financial
"the redesignation ... to 182,983 Class B Ordinary Shares (the “Share Redesignation”)"
Nasdaq home country rule exemption regulatory
"the Company intends to rely on the Nasdaq home country rule exemption."
independent inspector of election regulatory
"Anthony P. Carideo, the independent inspector of election, has certified all voting results"
An independent inspector of election is an impartial third party hired to collect, verify and count shareholder votes at corporate meetings, acting like a neutral referee who confirms the outcome is accurate and fair. Investors care because their ability to elect directors, approve mergers or block actions depends on trustworthy vote results; a reliable inspector protects shareholder rights, reduces disputes and supports confidence in corporate governance.

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FAQ

What did CDT Environmental (CDTG) shareholders approve at the July 28, 2026 EGM?

Shareholders approved all resolutions, including a change of the Company’s dual foreign Chinese name, a major Authorised Share Capital Increase, a Share Consolidation framework, a Share Redesignation of certain shares, and broad authority for directors to implement and ratify these actions.

How did CDTG change its authorised share capital at the EGM?

Shareholders approved increasing authorised capital from 4,000,000 to 500,000,000 ordinary shares of par value US$0.0625, by creating 466,240,000 additional Class A and 29,760,000 additional Class B shares, all ranking pari passu with the existing respective share classes.

What is CDTG’s Share Consolidation and has it taken effect?

The Company approved a Share Consolidation framework allowing the Board to consolidate 500,000,000 authorised shares into between 50,000,000 and 100,000,000 shares with higher par value, without issuing fractional shares. The Share Consolidation has not yet taken place and will occur only if and when the Board sets the exact ratio and effective date.

What is the Share Redesignation of 182,983 CDTG shares and how does Nasdaq’s home country rule apply?

Shareholders approved redesignating 182,983 Class A shares held by CDT Environmental Technology Holdings Limited into Class B shares via repurchase and reissue. The Company intends to rely on the Nasdaq home country rule exemption, following Cayman Islands corporate governance practices instead of Nasdaq listing rule 5640 for this action.

How many CDTG shares were represented at the EGM and what percentage of outstanding shares was that?

A total of 1,472,731 shares were present in person or by proxy at the EGM, representing approximately 48.75% of CDT Environmental’s outstanding shares as of the record date. Votes withheld or abstained were excluded when calculating result percentages.

When will CDTG implement the Share Consolidation and Share Redesignation?

The Share Consolidation will occur only if and when the Board determines the exact Consolidation Ratio and deems it in the Company’s best interest, after which details will be announced. The Share Redesignation will take place after requisite procedures are completed, followed by a separate Company announcement.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2026

 

Commission File Number 001-42007

 

CDT Environmental Technology Investment Holdings Limited

(Translation of registrant’s name into English)

 

C1, 4th Floor, Building 1, Financial Base, No. 8 Kefa Road

Nanshan District, Shenzhen, China 518057

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR

 

 

 

On July 28, 2026, 9:30 a.m. Beijing Time, CDT Environmental Technology Investment Holdings Limited (the “Company”) held its extraordinary general meeting (“EGM”). In connection with the EGM, the Company furnishes the press release announcing results of the EGM as Exhibit 99.1.

 

Exhibit No. Description of Exhibit
99.1 CDT Environmental Technology Announces Results of Extraordinary General Meeting

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 28, 2026

 

  CDT Environmental Technology Investment Holdings Limited
   
  By: /s/ Yunwu Li
    Name: Yunwu Li
    Title: Chief Executive Officer and
    Chairman of the Board of Directors

 

 

 

 

 

EXHIBIT 99.1

 

A close-up of a blue circle with a globe and text

Description automatically generated

 

CDT Environmental Technology Announces Results of Extraordinary General Meeting

 

SHENZHEN, China, July 28, 2026 (GLOBE NEWSWIRE) – CDT Environmental Technology Investment Holdings Limited (Nasdaq: CDTG) (“CDT”, the “Company”, or “we”), a leading provider of waste treatment systems and services throughout China, today announced that all resolutions of its extraordinary general meeting (the “EGM”) held virtually by electronic means on July 28, 2026 at 9:30 AM., Beijing Time, were duly passed by shareholders.

 

At the EGM, shareholders of the Company considered and passed the following resolutions:

 

  1. CHANGE OF NAME

 

AS A SPECIAL RESOLUTION that:

 

  a. subject to and conditional upon the approval of the Registrar of Companies of the Cayman Islands by way of issuing a certificate of incorporation on change of name, the dual foreign name of the Company be changed from 城道通環保科技投資控股有限公司 to 宸邦科技 with effect from the date of the certificate of incorporation on change of name issued by the Registrar of Companies of the Cayman Islands.
     
  b. the registered office provider of the Company be authorized to attend to the necessary filings with the Registrar of Companies in the Cayman Islands in relation to the above resolutions.

 

 

 

  2. INCREASE OF AUTHORISED SHARE CAPITAL

 

AS AN ORDINARY RESOLUTION that:

 

  a. the current authorised share capital of the Company be increased as follows:

 

from:

 

US$250,000 divided into 4,000,000 ordinary shares of a par value of US$0.0625 each, consisting of (a) 3,760,000 Class A Ordinary Shares of a par value of US$0.0625 each, and (b) 240,000 Class B Ordinary Shares of a par value of US$0.0625 each,

 

to:

 

US$31,250,000 divided into 500,000,000 ordinary shares of a par value of US$0.0625 each, consisting of (a) 470,000,000 Class A Ordinary Shares of a par value of US$0.0625 each, and (b) 30,000,000 Class B Ordinary Shares of a par value of US$0.0625 each (the “New Authorised Share Capital”),

 

by the creation of an additional (a) 466,240,000 unissued Class A Ordinary Shares of a par value of US$0.0625 each to rank pari passu in all respects with the existing Class A Ordinary Shares of the Company, and (b) 29,760,000 unissued Class B Ordinary Shares of a par value of US$0.0625 each to rank pari passu in all respects with the existing Class B Ordinary Shares of the Company (the “Authorised Share Capital Increase”).

 

  b. the registered office provider of the Company be authorized to attend to the necessary filings with the Registrar of Companies in the Cayman Islands in relation to the above resolutions.

 

  3. CONSOLIDATION OF SHARE CAPITAL

 

AS AN ORDINARY RESOLUTION that:

 

  a. immediately following the Authorised Share Capital Increase and the alteration to the New Authorised Share Capital, subject to and conditional upon that the Board in its sole discretion determining the exact ratio to be selected at the sole discretion of the Company’s board of Directors (the “Board”) without further shareholder approval (the “Consolidation Ratio”), a share consolidation (“Share Consolidation”) of the Class A Ordinary Shares and Class B Ordinary Shares, of par value US$0.0625 each, at a ratio of not less than 1-for-5 and not more than 1-for-10 be approved, whereby every 5-10 Shares (depending on the Consolidation Ratio determined by the Board) of each issued and unissued (i) Class A Ordinary Share, and (ii) Class B Ordinary Share, shall be consolidated into (i) one Class A ordinary share of a par value of US$0.3125 to US$0.625 (depending on the Consolidation Ratio determined by the Board), and (ii) one Class B ordinary share of a par value of US$0.3125 to US$0.625 (depending on the Consolidation Ratio determined by the Board), respectively (each, a “Consolidated Share”); and each such Consolidated Share shall rank pari passu in all respects with each other and have the rights and privileges and be subject to the restrictions as contained in the memorandum and articles of association of the Company then in effect, so that immediately following the effectiveness of the Share Consolidation, the authorised share capital of the Company shall be changed:

 

 

 

from:

 

US$31,250,000 divided into 500,000,000 ordinary shares of a par value of US$0.0625 each, consisting of (a) 470,000,000 Class A Ordinary Shares of a par value of US$0.0625 each, and (b) 30,000,000 Class B Ordinary Shares of a par value of US$0.0625 each,

 

to:

 

US$31,250,000 divided into a range of between 50,000,000 to 100,000,000 ordinary shares of a par value of US$0.3125 to US$0.625 each (depending on the Consolidation Ratio determined by the Board), respectively, consisting of (a) 47,000,000 to 94,000,000 Class A ordinary shares of a par value of US$0.3125 to US$0.625 each, and (b) 3,000,000 to 6,000,000 Class B ordinary shares of a par value of US$0.3125 to US$0.625 each.

 

  b. the Company will not issue fractional shares upon the Share Consolidation taking effect. The number of shares held by each shareholder will be rounded up to the nearest whole number if, as a result of the Share Consolidation, the number of shares owned by any shareholder would not be a whole number.
     
  c. upon the approval of the shareholders of the Company by ordinary resolution of the Share Consolidation and the approval of the Board determining the exact ratio of Share Consolidation and the relevant effective date, the transfer agent of the Company be authorized to make entries in the register of members of the Company accordingly to reflect the above described Share Consolidation and that all existing share certificates be cancelled and that, to the extent necessary, any director of the Company be authorised to prepare, sign, seal (if necessary) and deliver for and on behalf of the Company new share certificates pursuant to the memorandum and articles of association of the Company to the existing shareholders of the Company as a result of the Share Consolidation; and that upon the approval of the shareholders of the Company by ordinary resolution, the registered office provider of the Company be authorized to attend to the necessary filings with the Registrar of Companies in the Cayman Islands in relation to the above resolutions.

 

  4. REDESIGNATION OF SHARES

 

AS AN ORDINARY RESOLUTION that:

 

  a. the redesignation of the 182,983 Class A Ordinary Shares of a par value of US$0.0625 each held by CDT Environmental Technology Holdings Limited (the “LI Shares”) to 182,983 Class B Ordinary Shares (the “Share Redesignation”) be and is hereby approved, and the Share Redesignation be effected by way of repurchase of the LI Shares and issue and allotment of 182,983 Class B Ordinary Shares of a par value of US$0.0625 each, AND that any one Director of the Company be and is hereby authorised to effect the said repurchase in any manner as he considers necessary and out of funds legally available including out of capital (including share premium account and capital redemption reserve) provided that the Company, can immediately following such payment, pay its debts as they fall due in the ordinary course of business, and to issue and allot the said Class B Ordinary Shares with no further action be required to be taken by the shareholders or the Directors of the Company.
     
  b. any director of the Company or the transfer agent of the Company be authorized and instructed to update the register of members of the Company and be instructed to prepare the Company share certificates in connection with such Share Redesignation.

 

 

 

  c. any director or officer of the Company be, and each such director or officer acting alone hereby is authorized to do and perform any and all such acts, including execution of any and all documents and certificates, as such director shall deem necessary or advisable, to carry out the purposes and intent of the foregoing resolutions.

 

  5. OMNIBUS RESOLUTIONS

 

AS AN ORDINARY RESOLUTION THAT:

 

  a. in connection with the actions contemplated by the foregoing resolutions, each of the Directors and such other persons as are authorised by any of them be, authorised, in the name and on behalf of the Company, to do such further acts and things as any Director or such other person shall deem necessary or appropriate in connection with, or to carry out the actions contemplated by, the foregoing resolutions, including to do and perform (or cause to be done and performed), in the name and on behalf of the Company, all such acts and to make, execute, deliver, issue or file (or cause to be made, executed, delivered, issued or filed) with any person, including any governmental authority or agency, all such agreements, documents, instruments, certificates, consents and waivers, and all amendments to any such agreements, documents, instruments, certificates, consents or waivers, and to pay, or cause to be paid, all such payments, as any of them may deem necessary or advisable to carry out the intent of the foregoing resolutions, the authority for the taking of any such action and the execution and delivery of such of the foregoing to be conclusively evidenced thereby.
     
  b. any and all actions of the Company, or of any Director, taken in connection with the actions contemplated by the foregoing resolutions prior to the execution hereof be ratified, confirmed, approved and adopted in all respects as fully as if such action(s) had been presented to for approval, and approved by, all the Directors prior to such action being taken.

 

Anthony P. Carideo, the independent inspector of election, has certified all voting results for the EGM. The final tabulation indicates that 1,472,731 shares, representing approximately 48.75% of CDT’s outstanding shares as of the record date, were present in person or by proxy at the EGM. Votes present at the EGM but were withheld or abstained were not considered for the sole purpose of calculating the percentages of the results. The results of the EGM in accordance with the foregoing are as follows:

 

(i)

1,446,258 votes were in favor of and 26,464 votes were against resolution 1 as set forth above, while 9 votes present were withheld or abstained;

 

(ii)

1,465,347 votes were in favor of and 7,372 votes were against resolution 2 as set forth above, while 12 votes present were withheld or abstained;

 

(iii)

1,465,683 votes were in favor of and 7,036 votes were against resolution 3 as set forth above, while 12 votes present were withheld or abstained;

 

(iv)

1,282,700 votes were in favor of and 7,037 votes were against resolution 4 as set forth above, while 182,994 votes present, including the 182,983 that were held by CDT Environmental Technology Holdings Limited, the shareholder interested in resolution 4, were withheld or abstained; and

 

(v)

1,467,242 votes were in favor of and 3,766 votes were against resolution 5 as set forth above, 1,723 votes present were withheld or abstained.

 

 

 

 

For the avoidance of doubt, the Share Consolidation has not taken place and will only take place if and when the Board has determined the exact Consolidation Ratio and that it is in the best interest for the Company to do so, in which case the Company will announce its decision and provide the details in a press release. As to the Share Redesignation, the Company intends to rely on the Nasdaq home country rule exemption. As a foreign private issuer, it will follow Cayman Islands corporate governance practices instead of Nasdaq requirements under listing rule 5640. The Share Redesignation will take place after all the requisite procedures are completed under rules, in which case the Company will announce its decision and provide the details in a press release.

 

About CDT Environmental Technology Investment Holdings Limited

 

CDT, headquartered in Shenzhen, China, is a leading national player in China’s waste treatment sector that designs, develops, manufactures, sells, installs, operates and maintains sewage treatment systems and provides sewage treatment services in China, and is dedicated to promoting sustainable development through innovative solutions. Founded by pioneers in waste treatment, CDT aims to advance next-generation technologies that directly address environmental challenges and promote sustainable solutions. CDT is a recognized brand in China and is committed to innovation and customer satisfaction.

 

CDT’s mission is to help its customers achieve their critical infrastructure objectives while enabling positive changes in technological environmental protection. It collaborates with industry leaders, environmental experts, and stakeholders to develop and implement advanced waste treatment solutions. CDT is a prominent player in the waste treatment market, capable of providing comprehensive solutions to diverse customer needs, and has completed more than 150 plants across China.

 

Class A ordinary shares of CDT are listed on the Nasdaq Capital Market.

 

For more information, please visit CDT’s website at https://www.cdthb.cn.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding its compliance with Nasdaq listing requirements. These statements are not historical facts and typically are identified by the use of terms such as “may,” “will,” “should,” “could,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “continue,” and similar words, although some forward-looking statements are expressed differently. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Further information on risks, uncertainties and other factors that could cause actual results to differ materially are included in the Company’s periodic and current reports filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. The Company disclaims any intention to, and undertakes no obligation to, update or revise these forward-looking statements except as required by law.

 

Investor and Media Contact United States:

 

PCG Advisory

 

Kevin McGrath

 

Tel: +1-646-418-7002

 

Email: kevin@pcgadvisory.com

 

 

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