secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2026-08-06T20:30:16+00:00
Accession:  0001493152-26-036361
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDT Equity amends convertible note, principal to $2.54M, 19% interest, issues warrants
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- Principal increased to $2,536,650 via second and third amendments; interest rate set at 19% per annum.
- Conversion price lowered to 70% of 20-day VWAP (from 90% of 10-day); floor price set at 20% of 20-day VWAP, adjusting semi-annually.
- Lender issued warrants to purchase 37,500 shares at $7.20 per share.
- ATM net proceeds to lender increased from 80% to 90% to pay weekly installments of $104,187.65 through Jan 20, 2027.
- Company must obtain stockholder approval by Aug 28, 2026 for conversion shares exceeding 19.99% of outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315226036361/0001493152-26-036361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315226036361/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-036361

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