Company: CDT
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005096
Chunk: 10

Company: CDT Equity Inc.
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 10
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 bid price of its Common Stock and if it believes that the Reverse Stock Split is its best option for continuing compliance with the Minimum Bid Price Requirement, then it will undertake such reverse split at a ratio to be determined by the Board. A decrease in the number of outstanding shares of our Common Stock resulting from a Reverse Stock Split should, absent other factors, assist in ensuring that the per share market price of our Common Stock continues to remain above the requisite price for continued listing. However, we cannot provide any assurance that our minimum bid price would remain over the Minimum Bid Price Requirement of The Nasdaq Global Market following any Reverse Stock Split. Further, regardless of our compliance with the Minimum Bid Price Requirement, the listing of our shares on The Nasdaq Global Market may be halted or discontinued if we are unable to maintain compliance with any other Nasdaq continued listing requirement for any reason.

Potential Increased Investor Interest

On April __, 2025, the closing price of a share of our Common Stock on Nasdaq was $_______ per share. An investment in our Common Stock may not appeal to brokerage firms that are reluctant to recommend lower priced securities to their clients. Investors may also be dissuaded from purchasing lower priced stocks because the brokerage commissions, as a percentage of the total transaction, tend to be higher for such stocks. Moreover, the analysts at many brokerage firms do not monitor the trading activity or otherwise provide coverage of lower priced stocks. Also, our management believes that most investment funds are reluctant to invest in lower priced stocks.

There are risks associated with the Reverse Stock Split, including that the Reverse Stock Split may not result in an increase in the per share price of our Common Stock.

We cannot predict whether the Reverse Stock Split will increase the market price for our Common Stock in the future. The history of similar stock split combinations for companies in like circumstances is varied. There is no assurance that:

| ● | the                                                                                                                                   
 market price per share of our Common Stock after the Reverse Stock Split will rise in proportion to the reduction in the number of    
 shares of our Common Stock outstanding before the Reverse Stock Split;                                                                |
| ● | the                                                                                                                                   
 Reverse Stock Split will result in a per share price that will attract brokers and investors who do not trade in lower priced stocks; |
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 Reverse Stock Split will result in a per share price that will increase the ability of the Company to attract and retain employees;   
 or                                                                                                                                    |
| ● | the                                                                                                                                   
 market price per share will either exceed or remain in excess