Company: CDT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001641172-25-006259
Chunk: 9

Company: CDT Equity Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 9
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 upon conversion of the Convertible Note entered into by and between the Company and          
 A.G.P./Alliance Global Partners and (ii) 29,925 shares of Common Stock underlying currently exercisable warrants. The business address      
 of A.G.P./Alliance Global Partners is 590 Madison Avenue, Fl. 28, New York, NY 10022.                                                       |

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<div align='center'>PROPOSAL NO. 1 – APPROVAL OF ONE OR MORE AMENDMENTS OF THE COMPANY’S SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO EFECT ONE OR MORE REVERSE STOCK SPLITS OF THE COMPANY’S COMMON STOCK, AT A RATIO RANGING FROM ANY WHOLE NUMBER BETWEEN AND INCLUDING 1-FOR-2 AND 1-FOR-100 AND IN THE AGGREGATE NOT MORE THAN 1-FOR-250, INCLUSIVE, AS DETERMINED BY THE BOARD OF DIRECTORS IN ITS DISCRETION, SUBJECT TO THE AUTHORITY OF THE BOARD OF DIRECTORS TO ABANDON SUCH AMENDMENTS</div>

Overview

The Board has adopted and is recommending
that our stockholders approve one or more amendments of our Second Amended and Restated Certificate of Incorporation (such amendments,
the “Amendments”) to effect one or more reverse stock splits of the Common Stock at a ratio of not less than 1-for-2 and
not more than 1-for-100 and in the aggregate at a ratio of not more than 1-for-250, inclusive, with the exact ratio for each reverse
stock split within such range to be determined by the Board in its discretion (any such reverse stock split, the “Reverse Stock
Split” and any such ratio, the “Reverse Stock Split Ratio”). In connection with any Reverse Stock Split, the number
of authorized shares of Common Stock will not be changed. Pursuant to the law of the State of Delaware, our state of incorporation, the
Board must adopt an Amendment and submit the Amendment to stockholders for their approval. The proposed Amendment, one or more of which
would be set forth in a certificate of amendment filed with the Secretary of State of the State of Delaware (the “Secretary
of State”), will be in the form of Annex A to this proxy statement. Upon the effectiveness of any of such Amendments
(the “Reverse Stock Split Effective Time”), the issued and outstanding shares of Common Stock immediately prior to a Reverse
Stock Split Effective Time will be reclassified