secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2026-10-13T12:00:19+00:00
Accession:  0001493152-26-046738
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

CDT Equity raises $6.75M convertible note from J.J. Astor; 225K warrants at $0.9177
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- Issued $6.75M senior secured convertible note to J.J. Astor & Co.; first tranche $3.0M funded (net $2,869,850), second $2.0M subject to conditions by Dec 31, 2026.
- Note matures March 24, 2027; 24 weekly installments of $168,750 starting Oct 14, 2026; default interest 24% and 120% default principal.
- Warrants for 225,000 shares at $0.9177 exercisable immediately, expire 5 years; conversion price 70% of lowest 20-day VWAP or $0.18354 floor.
- 80% of ATM proceeds from A.G.P. sales on/after Oct 6, 2026 must first repay note; 100% of resale/financing proceeds also applied.
- Stockholder approval required for conversion/warrant shares; meeting no later than Nov 13, 2026; lender conversion capped at 4.99% (may raise to 19.99%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315226046738/0001493152-26-046738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315226046738/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-046738

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