---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-051089"
form_type: "8-K"
ticker: "CDT"
cik: "0001896212"
company_name: "CDT Equity Inc."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:33:07.822254+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nasdaq notifies Conduit of delisting due to low price; shareholders approve reverse stock split

## Summary
- Closing bid price ≤ $0.10 for 10 consecutive days; delisting set for Dec 27 unless hearing requested.
- Company intends to request a hearing before Nasdaq Hearings Panel; delisting stayed pending decision.
- Stockholders approved a reverse stock split at ratio between 1-for-10 and 1-for-100 at Dec 18 annual meeting.
- Simon Fry appointed director and Audit Committee member; granted option for 420,000 shares on Dec 18.
- Nasdaq confirmed compliance with audit committee requirements after Fry's appointment.

## SEC filing metadata
- accession: 0001493152-24-051089
- form_type: 8-K
- ticker: CDT
- cik: 0001896212
- company_name: CDT Equity Inc.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1896212/000149315224051089/0001493152-24-051089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1896212/000149315224051089/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-051089
- JSON: https://secwatch.observer/filing/0001493152-24-051089.json
- Plain text: https://secwatch.observer/filing/0001493152-24-051089.txt

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