CDT Equity Inc. 8-K

What Happened
CDT Equity Inc. announced on May 28, 2026 that it received a deficiency letter from the Nasdaq Listing Qualifications Department on May 21, 2026 notifying the company it was not in compliance with Nasdaq Listing Rule 5250(c)(1) for failing to timely file its Quarterly Report on Form 10‑Q for the three‑month period ended March 31, 2026. The notice does not have any immediate effect on the listing or trading of CDT’s securities. The company said it expects to file the Form 10‑Q once its current draft completes review.

Key Details

• Nasdaq rule cited: Listing Rule 5250(c)(1) (Periodic Filing Requirement).
• Notice received: May 21, 2026; press release announcing the notice: May 28, 2026 (Exhibit 99.1).
• Deadline to submit plan to Nasdaq: July 20, 2026.
• Company statement: anticipates filing the Form 10‑Q as soon as the draft review is complete, which would restore compliance.

Why It Matters
A Nasdaq deficiency letter signals the company is temporarily out of compliance with periodic reporting rules, which can lead to further regulatory steps if not remedied. For investors, the immediate impact is limited—CDT’s shares remain listed and tradable—but failure to file the Form 10‑Q or to regain compliance by Nasdaq’s process could lead to escalation, including potential delisting proceedings. Investors should watch for the company’s Form 10‑Q filing and any follow-up notices from Nasdaq.