Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 41

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 41
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, officers and employees for breach of fiduciary duty and other similar actions may be brought in the Court of Chancery in the
State of Delaware or, if that court lacks subject matter jurisdiction, another federal or state court situated in the State of Delaware.
Any person or entity purchasing or otherwise acquiring any interest in shares of our capital stock shall be deemed to have notice of
and consented to the forum provisions in our Certificate of Incorporation. In addition, our Certificate of Incorporation and Bylaws provide
that the federal district courts of the United States shall be the exclusive forum for the resolution of any complaint asserting a cause
of action under the Securities Act and the Exchange Act. Neither the exclusive forum provisions nor the federal securities laws (and
the rules and regulations thereunder) may be waived by a stockholder.

In
March 2020, the Delaware Supreme Court issued a decision in Salzburg et al. v. Sciabacucchi, which found that an exclusive forum
provision providing for claims under the Securities Act to be brought in federal court is facially valid under Delaware law. We intend
to enforce this provision, but we do not know whether courts in other jurisdictions will agree with this decision or enforce it.

This
choice of forum provision may limit a stockholder’s ability to bring a claim in a judicial forum of its choosing for disputes with
us or any of our directors, officers, other employees or stockholders, which may discourage lawsuits with respect to such claims and,
if a stockholder were to bring such a claim, the choice of forum provision may result in the stockholder incurring increased costs in
connection with bring such a claim as such stockholder will be required to bring the claim in the state or federal courts located in
the State of Delaware. Alternatively, if a court were to find the choice of forum provision contained in our Certificate of Incorporation
to be inapplicable or unenforceable in an action, we may incur additional costs associated with resolving such action in other jurisdictions,
which could harm its business, operating results, and financial condition.

Our
charter documents and Delaware law could prevent a takeover that stockholders consider favorable and could also reduce the market price
of our common stock.

Our
Certificate of Incorporation and Bylaws contain provisions that could delay or prevent a change in control of the Company. These provisions
could also make it more difficult for stockholders to elect directors and take other corporate actions. These provisions include:

    ●
    authorizing