other_material
confidence high
sentiment neutral
materiality 0.50
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.
item 1.01item 9.01