CDT Equity to effect 1-for-25 reverse stock split effective September 28, 2026
CDT Equity Inc. said its board approved a 1-for-25 reverse stock split of its common stock to help maintain compliance with the Nasdaq bid-price rule. The split takes effect September 28, 2026, and every 25 shares will be combined into one share, with the par value unchanged at $0.0001.
Key points
- Effective time is 5:00 p.m. Eastern Time on September 28, 2026; split-adjusted trading on Nasdaq begins at market open on September 29, 2026 under the ticker CDT.
- After the split, outstanding shares are expected to be about 1,124,515, with a new CUSIP number of 20678X700.
- No fractional shares will be issued; holders entitled to a fraction will receive a cash payment based on the September 28, 2026 closing price.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.