CDT Equity Inc. 8-K

What Happened

• CDT Equity Inc. (CDT) filed an 8-K reporting a 1-for-25 reverse stock split of its common stock. The company filed a certificate of amendment with the Delaware Secretary of State on March 24, 2026, and the Reverse Stock Split becomes effective March 26, 2026 at 5:00 p.m. Eastern Time. Nasdaq trading is expected to begin on a split-adjusted basis on March 27, 2026 at market open under the existing ticker “CDT.” The company also furnished a press release on March 25, 2026 announcing the action.

Key Details

• Reverse split ratio: 1-for-25 (every 25 shares combined into 1 share).
• Effective/legal filing: Certificate of Amendment filed March 24, 2026; effective March 26, 2026 at 5:00 p.m. ET.
• Trading: Nasdaq to reflect split on March 27, 2026 at market open; ticker remains “CDT.”
• Fractional shares: No fractional shares will be issued; holders entitled to fractions will receive cash in lieu equal to the fraction times the closing price on Nasdaq on March 26, 2026 (adjusted for the split).
• Other facts: Par value and other terms of the common stock are unchanged; post-split CUSIP will be 20678X502. Shareholders had previously approved future reverse splits and gave the board authority to set ratios and timing.

Why It Matters

• The reverse split reduces the number of outstanding shares and increases the per-share price proportionally, while leaving shareholders’ proportional ownership unchanged (except for cash payments in lieu of fractional shares). Trading and recordkeeping will be adjusted around the specified dates, and shareholders should watch for the cash payment process if they would otherwise receive fractional shares. The filing and press release provide the official mechanics and timing investors need to prepare for the split.