other
confidence high
sentiment neutral
materiality 0.50
CDT Equity announces 1-for-8 reverse stock split effective October 10, 2025
CDT Equity Inc.
- Reverse stock split of every 8 shares into 1, effective Oct 10, 2025 at 5:00 PM ET.
- Common stock will begin trading on split-adjusted basis Oct 13 under symbol CDT, new CUSIP 20678X403.
- Outstanding shares reduced to approximately 1,352,448; par value remains $0.0001.
- No fractional shares issued; fractional holders receive cash based on closing price on effective date.
- Stockholders approved reverse split authority on May 5, 2025; board set ratio at 1-for-8.