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CDT Environmental Technology Investment Holdings Ltd. (NASDAQ:CDTG) jumped 42.02% in after-hours trading on Wednesday to $0.45.
CDTG closed the regular session up 32.33% at $0.32, according to Benzinga Pro.
SEC Filing Drives After-Hours Gain
On Tuesday, the company filed with the Securities and Exchange Commission to propose selling up to 62 million Class A ordinary shares at an assumed price of $0.105 each.
The SEC filing designates CDTG as an “emerging growth company,” subject to reduced public reporting requirements.
The maximum gross proceeds from the offering total approximately $6.51 million, before expenses.
The offering carries no minimum …
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