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$CDT·8-K

CDT Equity Inc. · Jun 29, 4:30 PM ET

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CDT Equity Inc. 8-K

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CDT Equity Inc. Changes Independent Auditor to Carr, Riggs & Ingram

What Happened
CDT Equity Inc. announced on June 23, 2026 that its Audit Committee approved the dismissal of CBIZ CPAs P.C. as the company's independent registered public accounting firm and the engagement of Carr, Riggs & Ingram, L.L.C. (CRI) as the new independent registered public accounting firm. CBIZ CPAs’ audit report for the year ended December 31, 2025 did not contain an adverse or qualified opinion, but did include an explanatory paragraph noting substantial doubt about the Company’s ability to continue as a going concern. The Company previously replaced Marcum LLP with CBIZ CPAs in April 2025.

Key Details

  • Auditor change approved by the Audit Committee: dismissal of CBIZ CPAs and engagement of CRI effective June 23, 2026.
  • CBIZ CPAs’ 2025 audit report included a going-concern explanatory paragraph (substantial doubt about ability to continue).
  • From April 25, 2025 through June 23, 2026, there were no disagreements with CBIZ CPAs and no reportable events, except for previously disclosed material weaknesses in internal control over financial reporting.
  • Material weaknesses disclosed in the 2025 Annual Report include limited segregation of duties, lack of contemporaneous review/approval processes, inadequate internal control framework, failures in accounting review that led to a restatement, and inconsistent review/documentation of related-party transactions. CBIZ CPAs’ letter to the SEC dated June 29, 2026 is filed as Exhibit 16.1.

Why It Matters
This filing confirms an auditor transition and reiterates material facts investors should weigh: the prior auditor’s going-concern paragraph and the disclosure of material weaknesses in internal controls. These are documented facts in the company’s recent filings and are relevant to the reliability and oversight of the company’s financial reporting. Investors should review the company’s upcoming filings for updates on remediation of control weaknesses, the scope of the new auditor’s review, and any changes to audit opinions or financial statements.

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