Company: CDT
Filing Date: 2025-04-22
Form Type: S-3
Source: 0001641172-25-005732
Chunk: 22

Company: CDT Equity Inc.
Filing Date: 2025-04-22
Form: S-3
Chunk 22
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 on behalf of any officer, director or employee for any liability arising out of his or her actions, regardless of whether Delaware law would permit indemnification. We have purchased a policy of directors’ and officers’ liability insurance that insures our directors and officers against the cost of defense, settlement or payment of a judgment in some circumstances and insures the Company against its obligations to indemnify the directors and officers.

These provisions may discourage stockholders from bringing a lawsuit against the Company’s directors for breach of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against directors and officers, even though such an action, if successful, might otherwise benefit the Company and the Company’s stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent the Company pays the costs of settlement and damage awards against directors and officers pursuant to these indemnification provisions. We believe that these provisions, the insurance and the indemnity agreements are necessary to attract and retain talented and experienced directors and officers.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to the Company’s directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, the Company has been advised that, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

<div align='center'>PLAN OF DISTRIBUTION</div>

The Selling Stockholders of the securities and any of its pledgees, assignees and successors-in-interest may, from time to time, sell any or all of their securities covered hereby on The Nasdaq Global Market or any other stock exchange, market or trading facility on which the securities are traded or in private transactions. These sales may be at fixed or negotiated prices.

The Selling Stockholders may use any one or more of the following methods when selling securities:

| ● | ordinary                                                                                                                                   
 brokerage transactions and transactions in which the broker-dealer solicits purchasers;                                                    |
| ● | block                                                                                                                                      
 trades in which the broker-dealer will attempt to sell the securities as agent but may position and resell a portion of the block          
 as principal to facilitate the transaction;                                                                                                |
| ● | purchases                                                                                                                                  
 by a broker-dealer as principal and resale by the broker-dealer for its account;                                                           |
| ● | an                                                                                                                                         
 exchange distribution in accordance with the rules of the applicable exchange;                                                             |
| ● | privately                                                                                                                                  
 negotiated transactions;                                                                                                                   |
| ● | settlement                                                                                                                                 
 of short sales