leadership
confidence high
sentiment neutral
materiality 0.70
CDT Equity appoints James Bligh CEO; shareholders approve reverse split
CDT Equity Inc.
- James Bligh appointed CEO effective Aug 31, 2026; retains CFO role until successor named.
- Dr. Andrew Regan resigned as CEO and director; gets $50k/month for 6 months severance.
- Stockholders approved reverse stock split up to 1-for-500 aggregate and share issuances under Nasdaq rules.
- Bligh employment: $600k base salary, 50% target bonus, 12-month notice period, Cayman law.
- Board reduced from 5 to 4 members following Regan's resignation.