CDT Equity Inc.

CDT Equity Inc. has entered into an Evaluation Agreement with Manoira Corporation, a specialty animal health company. Under this agreement, Manoira will assess CDT's clinical-stage compounds AZD1656 and AZD5904 to determine their potential to enhance Manoira's upcoming animal health products. As part of the agreement, CDT issued 1,347,616 shares of its common stock to Manoira, valued at $195,000. The filing also disclosed unregistered sales of equity securities, including shares issued to a service provider, Sarborg Limited, and severance shares issued to former CEO Dr. Andrew Regan.

CDT Equity Inc. reported a net loss of $4.64 million for the three months ended June 30, 2026, and $8.70 million for the six months ended June 30, 2026. The company issued a going concern warning, citing an accumulated deficit of $77.03 million and insufficient cash to fund its current business plan. Despite this, CDT Equity acquired a 20% equity interest in Sarborg for $123 million, significantly increasing total assets to $126.71 million.

CDT Equity Inc. announced its virtual Annual Meeting of Stockholders on August 28, 2026, where shareholders will vote on several key proposals. These include the election of five directors, ratification of the independent auditor, and approval of a reverse stock split at a ratio between 1-for-2 and 1-for-100, up to an aggregate of 1-for-500. Additionally, shareholders will consider approving the issuance of common stock related to a senior secured convertible note and warrant, and up to 12,131,770 shares for pre-funded warrants.

CDT Equity Inc. has further amended its senior secured convertible promissory note and loan agreement with J.J. Astor & Co. The principal amount of the note has increased to $2,536,650, and the interest rate is now 19%. The company also received an additional advance of $200,000, and issued warrants for 37,500 shares. These amendments follow the company's failure to make previous installment payments and meet registration deadlines, indicating financial strain and less favorable terms for the company.

CDT Equity Inc. filed an Amendment No. 1 to its Current Report on Form 8-K, originally filed on July 31, 2026. This amendment is to include information related to the Sarborg Limited investments, specifically regarding the completion of acquisition or disposition of assets (Item 2.01) and the required financial statements and pro forma financial information (Item 9.01(a) and (b)). The financial statements and pro forma information for the acquired business will be filed via an additional amendment within 71 calendar days.

CDT Equity Inc. entered into a Securities Purchase Agreement to acquire approximately 4.76% of Sarborg Limited's outstanding common stock from certain investors. The consideration for this acquisition consists of Pre-Funded Warrants, which allow the purchase of up to 12,131,770 shares of CDT Equity's common stock at an exercise price of $0.0001 per share, pending stockholder approval for exercise beyond a certain threshold. Additionally, the company issued 123,537 common shares to four service providers for services rendered.

CDT Equity Inc. announced the issuance of 32,110 shares of its common stock on July 24, 2026. The shares, valued at $3.27 each, were provided to a service provider as consideration for consulting services. This transaction was conducted under the exemption from registration requirements provided by Section 4(a)(2) of the Securities Act.

CDT Equity Inc. announced a 1-for-10 reverse stock split of its common stock, effective July 17, 2026, to maintain compliance with the Nasdaq bid-price rule. Trading on a split-adjusted basis is expected to commence on July 20, 2026, under the existing ticker symbol "CDT." Following the split, the number of outstanding shares will be reduced to approximately 631,077, with cash payments made for any fractional shares.

CDT Equity Inc. reported a net loss of $(4.06) million for the first quarter of 2026, an improvement from the $(4.75) million loss in the prior year's quarter. Basic and diluted net loss per share was $(5.56). The company's total assets surged to $127.09 million and stockholders' equity turned positive to $105.45 million, primarily driven by the acquisition of a 20% equity interest in Sarborg for $123 million. However, cash and cash equivalents declined to $0.1 million, and the company issued a going concern warning due to significant accumulated losses and insufficient liquidity, despite having access to an Equity Line of Credit.

CDT Equity Inc. has amended its loan agreement and senior secured convertible note with J.J. Astor & Co. The amendment, dated June 30, 2026, facilitates the closing of the second tranche of a $1,460,000 loan. As a result, the commencement date for the twenty-four weekly installment payments of $82,125 has been shifted from June 18, 2026, to July 10, 2026.