secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001493152-25-005796
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduit Pharmaceuticals repays $600K note; lender converts $1.7M Senior Note
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- Paid full principal of $600,000 promissory note on Feb 7, 2025; note bore 12% interest and matured Oct 31, 2025.
- Nirland Limited converted ~$1.7M of $2.65M Senior Note principal into common shares as of Feb 10, 2025.
- Senior Note issued Aug 6, 2024 with 12% interest and $500,000 original issuance discount.
- Both transactions reduce Conduit's outstanding debt obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225005796/0001493152-25-005796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225005796/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-005796

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