Company: CDT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001641172-25-006259
Chunk: 28

Company: CDT Equity Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 28
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, upon aggregating all of the shares
of Common Stock held by a holder of Common Stock immediately following the Reverse Stock Split such holder would otherwise be entitled
to a fractional share of Common Stock, the Corporation shall pay in cash (without interest) to each such holder an amount equal to such
fraction multiplied by the closing price of the Common Stock on The Nasdaq Global Market on the last trading day immediately preceding
the Reverse Stock Split Effective Time (with such closing price proportionately adjusted to give effect to the Reverse Stock Split).

Each stock certificate that, immediately
prior to the Reverse Stock Split Effective Time, represented shares of Common Stock that were issued and outstanding immediately prior
to the Reverse Stock Split Effective Time shall, from and after the Reverse Stock Split Effective Time, automatically and without the
necessity of presenting the same for exchange, represent that number of whole shares of Common Stock after the Reverse Stock Split Effective
Time into which the shares formerly represented by such certificate have been reclassified as well the right to receive cash in lieu of
fractional shares of Common Stock to which such holder may be entitled; provided, however, that each person of record holding a certificate
that represented shares of Common Stock that were issued and outstanding immediately prior to the Reverse Stock Split Effective Time shall
receive, upon surrender of such certificate, a new certificate evidencing and representing the number of whole shares of Common Stock
after the Reverse Stock Split Effective Time into which the shares of Common Stock formerly represented by such certificate shall have
been reclassified as well as the right to receive cash in lieu of fractional shares of Common Stock to which such holder may be entitled.”

| 2. | That the aforesaid amendment was duly adopted in accordance with the applicable provisions of Section 242 of the General Corporation Law of the State of Delaware. |

Shall be a whole number equal to
or greater than two (2) and equal to or lesser than one hundred (100) and shall include not more than four decimal digits, which number
is referred to as the “Reverse Split Factor” (it being understood that any Reverse Split Factor within such range shall, together
with the remaining provisions of this Certificate of Amendment not appearing in brackets, constitute a separate amendment being approved
and adopted by the board of directors and stockholders in accordance with Section 242 of the Delaware General Corporation Law).

IN WITNESS WHEREOF, this Certificate of Amendment
has been executed by a duly authorized officer of the Corporation on this _____ day of _______, 20____