secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001493152-25-007573
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.02, 8.01, 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Conduit Pharmaceuticals repays $926k note, receives Nasdaq delisting basis for continued listing deficiencies
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- Paid remaining $926,149 on Senior Note to Nirland Limited on Feb 13, 2025; all assets now free of liens.
- On Feb 12, 2025, Nasdaq notified Conduit it did not regain compliance with MVPHS and MVLS requirements; added as delisting bases.
- Company presented compliance plan to Nasdaq Hearing Panel on Feb 11; awaiting determination; no assurance of continued listing.
- Original Senior Note was $2,650,000 ($500k OID); full satisfaction removes all security interests.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225007573/0001493152-25-007573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225007573/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-007573

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