---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-012305"
form_type: "8-K"
ticker: "CDT"
cik: "0001896212"
company_name: "CDT Equity Inc."
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:11:14.545587+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Murphy Canyon receives Nasdaq MVLS deficiency notice; 180 days to regain compliance

## Summary
- Nasdaq letter dated April 10, 2023; MVLS for Class A common stock below $50M for 30 consecutive days.
- Company has until October 9, 2023 to regain compliance by achieving MVLS ≥$50M for 10 consecutive business days.
- Failure to comply may lead to delisting; Company may appeal or transfer to Nasdaq Capital Market.
- No immediate impact on listing or trading of MURF, MURFW, or MURFU securities.

## SEC filing metadata
- accession: 0001493152-23-012305
- form_type: 8-K
- ticker: CDT
- cik: 0001896212
- company_name: CDT Equity Inc.
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1896212/000149315223012305/0001493152-23-012305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1896212/000149315223012305/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-012305
- JSON: https://secwatch.observer/filing/0001493152-23-012305.json
- Plain text: https://secwatch.observer/filing/0001493152-23-012305.txt

## Key facts
- Listing & Compliance Notices
  CDT Equity Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: April 10, 2023, Murphy Canyon Acquisition Corp. (the “ Company ”) received a letter (the “ Letter ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) that, for the previous 30 consecutive business days, the Market Value of Listed Securities (“MVLS”) for the Class A Common Stock of the Company, par value $0.0001 per share (“ Class A Common Stock ”), was below the $50 million minimum MVLS requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A) (the “ MVLS Rule ”). The Letter is only a notification of deficiency
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223012305/0001493152-23-012305-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.