CDT Equity sets 1-for-25 reverse stock split effective Sept 28 to regain Nasdaq bid-price compliance

CDT Equity Inc.

1-for-25 reverse split effective September 28, 2026 at 5:00 p.m. ET; stock begins trading split-adjusted on Nasdaq on September 29, 2026 under existing ticker CDT.
Outstanding common stock will drop to approximately 1,124,515 shares; par value stays $0.0001 and new CUSIP is 20678X700.
No fractional shares issued; stockholders due a fraction receive cash equal to the fraction times the September 28, 2026 Nasdaq closing price.
Company states the split is to ensure continued compliance with the Nasdaq bid-price rule; stockholders had pre-approved future splits and gave the board authority over timing and ratios.
Proportional adjustments made to equity awards, convertible securities, warrants and exercise prices, plus shares authorized/reserved under equity incentive plans.

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