CDT Equity Inc. 8-K

What Happened
CDT Equity Inc. announced a 1-for-10 reverse stock split of its common stock by filing a certificate of amendment with the Delaware Secretary of State on July 15, 2026. The Reverse Stock Split becomes effective July 17, 2026 at 5:00 p.m. Eastern Time and the company's common stock is expected to begin trading on The Nasdaq Capital Market on a split-adjusted basis at market open on July 20, 2026 under the existing ticker CDT. The Company previously received shareholder approval to permit future reverse splits and to give the board authority to set the ratio and timing.

Key Details

• Reverse ratio: 1-for-10 (every ten shares of issued and outstanding common stock will be combined into one share).
• Effective: Certificate filed July 15, 2026; split effective July 17, 2026 at 5:00 p.m. ET; Nasdaq adjusted trading begins July 20, 2026 (market open).
• No fractional shares will be issued; holders otherwise entitled to fractional shares will receive a cash payment equal to the fraction multiplied by the closing price per share (adjusted for the split) on Nasdaq on July 17, 2026.
• Par value ($0.0001) and other terms of the common stock remain unchanged; post-split CUSIP is 20678X601.
• The company furnished a press release about the Reverse Stock Split on July 16, 2026 (Exhibit 99.1).

Why It Matters
The reverse split will reduce the number of outstanding shares and proportionally increase the per-share price; it does not change the underlying ownership percentage of stockholders except for any rounding that results in cash-in-lieu payments for fractional shares. Investors should expect their share counts and per-share quotes to be adjusted on the effective and trading-adjustment dates noted above. Check your brokerage account after the effective date for the updated share balance and any cash payment for fractions.