secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001493152-25-027489
Event type: m_and_a
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225027489/0001493152-25-027489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315225027489/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-027489

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