CDT Equity Inc. (CDT) Form 8-K — Sep 4, 2026
CDT Equity Inc. amended its February 2026 securities purchase agreement with Sarborg Limited on August 31, 2026, restructuring the $8,000,000 it owes for a 20% equity interest in Sarborg. Under the amendment, $1,750,000 of the cash consideration is being satisfied with CDT common stock, starting with 650,000 shares issued on August 31, while the remainder will be paid from the company's at-the-market program at a minimum of $150,000 per month, with any balance due no later than May 31, 2027. The company also issued a $541,620 senior secured convertible note to J.J.
Key figures
- Debt Amount
- 541620
- Deal Value Usd
- 8000000
- Warrant Shares
- 237000
- Note Maturity Date
- February 15, 2027 (repaid in full September 4, 2026)
- Warrant Term Years
- 5
- Note Net Proceeds Usd
- 375002
- Sarborg Shares Issued
- 650000
- Note Funding Amount Usd
- 401200
- Atm Proceeds To Lender Pct
- 90
- Conversion Price Formula
- greater of 70% of lowest 20-day VWAP or floor price
- Default Interest Rate Pct
- 19
- Sarborg Payment Deadline
- May 31, 2027
- Sarborg Stock Portion Usd
- 1750000
- Conversion Floor Price Usd
- 0.338
- Warrant Exercise Price Usd
- 1.69
- Sarborg Equity Stake Percent
- 20
- Sarborg Minimum Monthly Payment Usd
- 150000
- Registration Statement Effective Deadline
- October 15, 2026
Price after filing
Close on the filing date to close N calendar days later (from $15.63). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.