Financing ·
On September 14, 2026, CDT Equity Inc. issued a senior secured convertible promissory note to J.J. Astor & Co. with a…
CDTCDT Equity Inc.
On September 14, 2026, CDT Equity Inc. issued a senior secured convertible promissory note to J.J. Astor & Co. with a principal amount of $2,126,250 and net proceeds of $1,501,850. The note matures on March 1, 2027, requiring twenty-four weekly installments of $88,593.75. Concurrently, the company issued warrants to purchase 3,468,500 shares at an exercise price of $0.25 per share. Proceeds from the company's at-the-market offering program are prioritized to repay this note after satisfying a prior August note obligation. The lender may convert the debt into common stock at a conversion price equal to 70% of the lowest volume-weighted average price over the preceding twenty trading days, subject to a $0.05 floor and a 4.99% beneficial ownership limit. CDT Equity Inc. operates in the investment management industry.