---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-030568"
form_type: "8-K"
ticker: "CDT"
cik: "0001896212"
company_name: "CDT Equity Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:54:56.888121+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Conduit Pharmaceuticals issues $2.65M secured note at 12%, 12.5M shares to Nirland

## Summary
- Senior Secured Promissory Note of $2,650,000 (incl. $500,000 OID), 12% interest, matures Aug 5, 2025.
- $1,675,000 funded at close; $475,000 due after resale registration declared effective.
- Issued 12,500,000 shares of common stock as Closing Common Stock.
- Note secured by all assets; personally guaranteed by board member Dr. Andrew Regan.
- Nirland gets right of first refusal to participate in future equity or debt offerings.

## SEC filing metadata
- accession: 0001493152-24-030568
- form_type: 8-K
- ticker: CDT
- cik: 0001896212
- company_name: CDT Equity Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1896212/000149315224030568/0001493152-24-030568-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1896212/000149315224030568/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-030568
- JSON: https://secwatch.observer/filing/0001493152-24-030568.json
- Plain text: https://secwatch.observer/filing/0001493152-24-030568.txt

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