Conduit Pharmaceuticals regains full Nasdaq compliance after $8.3M raise and debt conversion

CDT Equity Inc.

Submitted pro-forma financials showing stockholder's equity of $2.8M vs $2.5M minimum required.
Raised $8.332M from at-the-market offering; converted $1.785M debt into 924,200 shares.
Compliant with Market Value of Publicly Held Securities standard (>$1M) as of March 7, 2025.
Nasdaq Capital Market Equity Standard compliance achieved as of March 31, 2025 and continuing.

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