Company: CDT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001641172-25-006259
Chunk: 15

Company: CDT Equity Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 15
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 the number of shares of Common Stock that we are authorized to issue. After the Reverse Stock Split, the shares of Common
Stock will have the same voting rights and rights to dividends and distributions and will be identical in all other respects to the Common
Stock now authorized. Shares of our Common Stock issued pursuant to the Reverse Stock Split will remain fully paid and nonassessable.
The Reverse Stock Split will not affect the Company continuing to be subject to the periodic reporting requirements of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”).

Effects on Stockholders

Any Reverse Stock Split will be realized
simultaneously for all shares of Common Stock issued and outstanding immediately prior to the applicable Reverse Stock Split Effective
Time. Any Reverse Stock Split will affect all holders of shares of Common Stock issued and outstanding immediately prior to the
Reverse Stock Split Effective Time uniformly and each such stockholder will hold the same percentage of Common Stock outstanding immediately
following any Reverse Stock Split as that stockholder held immediately prior to the Reverse Stock Split, except for immaterial adjustments
that may result from the treatment of fractional shares as described below. Any Reverse Stock Split will not change the par value of
the Common Stock and will not reduce the number of authorized shares of Common Stock. Common Stock issued pursuant to any Reverse Stock
Split will remain fully paid and non-assessable. Voting rights and other rights of the holders of Common Stock will not be affected by
the Reverse Stock Split, other than as a result of the treatment of fractional shares as described below. Any Reverse Stock Split will
not affect the Company continuing to be subject to the periodic reporting requirements of the Exchange Act. After any Reverse Stock Split,
the Common Stock would have a new Committee on Uniform Securities Identification Procedures number, or CUSIP number, used to identify
the Common Stock. Following any Reverse Stock Split, the Common Stock will continue to be listed on the Nasdaq under the symbol “CDT”.

One of the effects of one or more Reverse
Stock Splits will be to effectively increase the proportion of authorized shares of Common Stock which are unissued relative to
shares of Common Stock which are issued. Any Reverse Stock Split will not affect the number of authorized shares of the Company’s
capital stock that will continue to be authorized pursuant to the Company’s Restated Certificate of Incorporation, as amended by
the Amendments. Up to 250,000,000 shares of Common Stock are authorized to be issued under the Company’s Restated Certificate of
In