secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001493152-24-041154
Event type: debt
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduit extends $800K convertible note, issues 2.78M shares
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- Original $800K convertible note (20% interest) due Sept 20, 2024 amended; maturity extended to Oct 20, 2024, with possible further 30-day extensions.
- On Oct 11, 2024, issued 2,781,250 shares of common stock: $80K worth at market price plus 2,000,000 shares.
- Payees waived all previously due interest and principal payments; all now due on new Repayment Date.
- Company may further extend maturity to Nov 19 or Dec 19, 2024 at its discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315224041154/0001493152-24-041154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315224041154/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041154

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