{"url_path":"/sec/cdtg/10-k/2026/item-14","section_key":"item-14","section_title":"Item 14 MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1793895/0001731122-26-000740-index.html","accession_number":"0001731122-26-000740","cik":"0001793895","ticker":"CDTG","issuer_name":"CDT Environmental Technology Investment Holdings Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1793895/0001731122-26-000740-index.html","primary_entity_key":"0001793895","primary_entity_name":"CDT Environmental Technology Investment Holdings Ltd"},"word_count":336,"has_tables":true,"body_markdown":"**ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND\nUSE OF PROCEEDS**\n\n \n\n**Material Modifications to the Rights of Security Holders**\n\n \n\nSee “Item 10. Additional\nInformation-B. Memorandum and Articles of Association” for a description of the rights of securities holders, which remain unchanged.\n\n \n\n**Use of Proceeds**\n\n \n\nThe following “Use of Proceeds”\ninformation relates to the registration statement on Form F-1, as amended (File No. 333-252127), in relation to our initial public offering,\nwhich was declared effective by the SEC on March 29, 2024. In April 2024, we completed our initial public offering in which we issued\nand sold an aggregate of 1,500,000 ordinary shares, resulting in net proceeds to us of approximately $4.3 million, net of underwriting\ndiscounts and commissions and expenses associated with our initial public offering paid or payable by us, and including net proceeds in\nthe amount of $600,000 that were placed in an escrow account for 24-months following the closing of our IPO. WestPark Capital, Inc. acted\nas the representative of the underwriters for our initial public offering. We have used the proceeds from our initial public offering\nfor working capital purposes for rural sewage treatment, including to build our sewage treatment equipment, for implementation of new\nsystems and services and potential mergers and acquisitions of subsidiaries, although no definitive merger or acquisition targets have\nbeen identified, for research and development, and the remainder for sales and marketing, additional working capital and general corporate\npurposes.\n\n \n\nWe received net proceeds of approximately\n$4.3 million from our initial public offering, including net proceeds in the amount of $600,000 that were placed in an escrow account\nfor 24-months following the closing of our IPO. Our expenses incurred and paid to others in connection with the issuance and distribution\nof our ordinary shares in our initial public offering totaled approximately $1.7 million, which included approximately $480,000 for underwriting\ndiscounts and commissions. Net proceeds in the amount of $600,000 were also placed in an escrow account for 24-months following the closing\nof our initial public offering."}