CDT Equity amends ELOC and convertible note; retains 90% of future proceeds, sets $510K purchase cap

CDT Equity Inc.

Amendment No. 2 caps regular ELOC purchase at $510,000 without purchaser consent; extends adjustment period until all shares sold.
Note Amendment allows CDT to retain 90% of proceeds from future financings; only 10% goes toward the convertible note.
Both amendments expire May 31, 2026, applying only to May 2026 transactions.
Amendments were with institutional investor Ascent Partners Fund LLC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CDT Equity Inc. entered into second amendment to directed stock purchase agreement with an institutional investor valued at gross purchase price $510,000; 90% of proceeds retained by Company; effective through May 31, 2026 (effective 2026-05-15).

Action: entry
Agreement: equity purchase
Counterparty: an institutional investor
Value: gross purchase price $510,000; 90% of proceeds retained by Company; effective through May 31, 2026
Effective: 2026-05-15

Exact text from the filing

On May 15, 2026, CDT Equity Inc. (the “Company”) entered into the second amendment (the “Amendment No. 2”) to that certain directed stock purchase agreement, dated January 16, 2026 (as amended, the “Purchase Agreement”), with an institutional investor (the “Purchaser”) relating to an equity line of credit facility (the “ELOC”).

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CDT Equity Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-023707

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