CDT Equity Inc. Announces 1-for-25 Reverse Stock Split Effective Sep 28, 2026

What Happened
CDT Equity Inc. filed a Certificate of Amendment to effect a 1-for-25 reverse stock split of its common stock. The amendment was filed with the Delaware Secretary of State on September 24, 2026 and will become effective on September 28, 2026 at 5:00 p.m. Eastern Time. The Company announced the action in a press release on September 25, 2026 and expects its common stock to trade on The Nasdaq Capital Market on a reverse-split-adjusted basis beginning at market open on September 29, 2026 under the existing ticker “CDT.”

Key Details

• Reverse split ratio: 1-for-25 (every 25 issued and outstanding shares will be combined into one share).
• Effective Time and trading: Amendment effective Sept. 28, 2026 at 5:00 p.m. ET; Nasdaq trading adjusted on Sept. 29, 2026 at market open.
• Fractional shares: No fractional shares will be issued; holders who would otherwise receive fractional shares will get a cash payment equal to the fractional amount multiplied by the closing price per share (as adjusted) on Nasdaq on Sept. 28, 2026.
• Other mechanics: Par value and other terms of the common stock remain unchanged; post-reverse split CUSIP will be 20678X700. The board acted under previously granted shareholder authority to effect reverse splits.

Why It Matters
A reverse stock split reduces the number of outstanding shares and proportionally adjusts the quoted share price. For investors, that means shareholders holding whole multiples of 25 shares will keep the same proportional ownership but will hold fewer shares after the split; holders entitled to fractional shares will receive cash instead of fractional shares. The filing confirms the company’s formal steps and timing for the split and that trading on Nasdaq will reflect the new share count beginning Sept. 29, 2026.