---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-027489"
form_type: "8-K"
ticker: "CDT"
cik: "0001896212"
company_name: "CDT Equity Inc."
filed_at: "2025-12-12T23:59:59+00:00"
generated_at: "2026-05-16T13:24:19.903838+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CDT sells CPL subsidiary to CEO affiliate Corvus for $7M to offload Strand litigation liability

## Summary
- CDT sells CPL to Corvus Capital (wholly-owned by CEO Andrew Regan) for $7M in common stock or pre-funded warrants.
- Settlement of 3,910,615 shares at $1.79; beneficial ownership capped at 19.99%, warrants subject to shareholder approval up to 49.99%.
- Corvus indemnifies CDT for any adverse judgment in Strand Hanson litigation (trial concluded Oct 28, 2025).
- If CPL wins cost recovery, Corvus pays CDT the lesser of $1M or recovered costs.
- CDT to file resale registration statement within 60 days for the issued shares/warrants.

## SEC filing metadata
- accession: 0001493152-25-027489
- form_type: 8-K
- ticker: CDT
- cik: 0001896212
- company_name: CDT Equity Inc.
- filed_at: 2025-12-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1896212/000149315225027489/0001493152-25-027489-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1896212/000149315225027489/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-027489
- JSON: https://secwatch.observer/filing/0001493152-25-027489.json
- Plain text: https://secwatch.observer/filing/0001493152-25-027489.txt

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