---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-036388"
form_type: "8-K/A"
ticker: "CDT"
cik: "0001896212"
company_name: "CDT Equity Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:18:52.710146+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Conduit Pharmaceuticals completes business combination with Murphy Canyon Acquisition Corp.

## Summary
- Business Combination closed on Sept 22, 2023; MURF renamed to Conduit Pharmaceuticals Inc.
- 65M shares of common stock issued as merger consideration to Old Conduit holders.
- PIPE Financing of $20M from Nirland Limited for 2M units at $10/unit.
- Approximately 2.13M public shares redeemed at ~$10.84 per share from trust.
- Andrew Regan beneficially owns 62.9% of outstanding shares post-combination.

## SEC filing metadata
- accession: 0001493152-23-036388
- form_type: 8-K/A
- ticker: CDT
- cik: 0001896212
- company_name: CDT Equity Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.02, 2.01, 5.06, 9.01, 3.02, 3.01, 3.03, 5.03, 5.01, 5.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-036388
- JSON: https://secwatch.observer/filing/0001493152-23-036388.json
- Plain text: https://secwatch.observer/filing/0001493152-23-036388.txt

## Key facts
- Executive change
  Faith L. Charles was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  Freda Lewis-Hall was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  David Tapolczay was appointed as Chief Executive Officer at CDT Equity Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Effective upon the completion of the Business Combination, Mr. Tapolczay was appointed Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  Jennifer I. McNealey was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  James Bligh was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  Freda Lewis-Hall was appointed as Chair of the Board at CDT Equity Inc..
  - Action: appointed
  - Role: Chair of the Board
  source text: Ms. Lewis-Hall was appointed as Chair of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  Andrew Regan was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Executive change
  David Tapolczay was appointed as Director at CDT Equity Inc..
  - Action: appointed
  - Role: Director
  source text: David Tapolczay, Freda Lewis-Hall, James Bligh, Faith L. Charles, Jennifer I. McNealey, and Andrew Regan were appointed as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Governance Changes
  CDT Equity Inc.: Company ceased to be a shell company as a result of the business combination.
  - Change: shell status
  source text: As a result of the Business Combination, the Company ceased to be a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Governance Changes
  CDT Equity Inc.: Adopted amended and restated bylaws.
  - Change: bylaw amendment
  source text: the Company adopted amended restated bylaws pursuant to an Amended and Restated Bylaws (the “A&R Bylaws”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Governance Changes
  CDT Equity Inc.: Amended and restated certificate of incorporation in connection with business combination.
  - Change: charter amendment
  source text: In connection with the completion of the Business Combination, the Company amended and restated its certificate of incorporation, effective as of the Closing Date, pursuant to the Second A&R Certificate of Incorporation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- Governance Changes
  CDT Equity Inc.: Adopted a new code of conduct effective upon Closing Date.
  - Change: code of ethics
  source text: Effective upon the Closing Date, in connection with the completion of the Business Combination, the Board adopted a new code of conduct
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm
- M&A Transactions
  CDT Equity Inc. underwent a change of control involving Conduit Pharmaceuticals Limited (Old Conduit) (closed 2023-09-22).
  - Action: change of control
  - Counterparty: Conduit Pharmaceuticals Limited (Old Conduit)
  - Closing: 2023-09-22
  source text: On September 22, 2023 (the "Closing Date"), the parties completed the Business Combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1896212/000149315223036388/0001493152-23-036388-index.htm

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