Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 48

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 48
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 employees or
customers; violation of privacy laws and other litigation and legal risk; and reputational risk. We have implemented a risk-based
approach to identify and assess the cybersecurity threats that could affect our business and information systems. We
have implemented a risk-based approach to identify and assess cybersecurity threats that could impact our business and information
systems. As part of this strategy, the Company has engaged a third-party service provider to implement comprehensive IT and
cybersecurity policies, including Guardz, Cyber Essentials, and others. These initiatives are supported by detailed policies, staff
training programs, and the use of advanced tools such as firewalls and VPNs to prevent cybersecurity incidents. Additionally,
consultation with third-party experts has further strengthened the Company’s IT framework and improved overall compliance. We
require third-party service providers with access to personal, confidential or proprietary information to implement and
maintain comprehensive cybersecurity practices consistent with applicable legal standards and industry best practices.

The Company has engaged a third-party service provider
to implement comprehensive IT and cybersecurity policies, including Guardz, Cyber Essentials, and others. These initiatives are supported
by detailed policies and staff training programs, which have strengthened the Company’s IT framework and improved compliance.

In
light of the pervasive and increasing threat from cyberattacks, the Company’s Board
of Directors and the Audit Committee, with input from management, assess the Company’s cybersecurity threats and the
measures implemented by the Company to mitigate and prevent cyberattacks. The Audit
Committee consults with management regarding ongoing cybersecurity initiatives, and requests management to report to the
Audit Committee or the full Board regularly on their assessment of the Company’s cybersecurity program and risks.

As
of the date of this Annual Report, the Company is not aware of any risks from cybersecurity threats that have materially affected or
are reasonably likely to materially affect the Company, including its business strategy, results of operations, or financial condition.

Item
2. Properties

We
currently operate as a virtual company, but also lease property in the United Kingdom. On March 7, 2024, we entered into a lease for
laboratory space at Cambridge Science Park. Rent is £92,925 per annum, the equivalent of approximately $10,000 per month. The lease
runs until January of 2027, and the laboratory space is intended to provide us with the ability to extend or develop proprietary solid-form
intellectual property for existing and future clinical assets.

Item
3. Legal Proceedings

Other
than as set forth below