Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 42

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 42
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    our board of directors to issue preferred stock with voting or other rights or preferences that could discourage a takeover attempt
    or delay changes in control;

    ●
    prohibiting
    cumulative voting in the election of directors;

    ●
    providing
    that vacancies on our board of directors may be filled only by a majority of directors then in office, even though less than a quorum;

    ●
    prohibiting
    stockholder action by written consent;

    ●
    limiting
    the persons who may call special meetings of stockholders; and

    ●
    requiring
    advance notification of stockholder nominations and proposals.

These
provisions may frustrate or prevent any attempts by our stockholders to replace or remove our current management by making it more difficult
for stockholders to replace members of our board of directors, which is responsible for appointing the members of our management. These
and other provisions in our Certificate of Incorporation and Bylaws and under Delaware law could discourage potential takeover attempts,
reduce the price investors might be willing to pay in the future for shares of common stock and result in the market price of common
stock being lower than it would be without these provisions.

53

If
securities or industry analysts do not publish or cease publishing research or reports about us, our business, or our market, or if they
adversely change their recommendations or publish negative reports regarding our business or our common stock, our share price and trading
volume could decline.

The
trading market for our common stock will depend on the research and reports that securities or industry analysts publish about us, our
business, or our market. Currently, we do not have any analyst coverage and may not obtain analyst coverage in the future. In the event
we obtain analyst coverage, we will not have any control over such analysts. If one or more of the analysts who cover us downgrade the
common stock or change their opinion of such shares, the share price of the common stock would likely decline. If one or more of these
analysts cease coverage of the Company or fail to regularly publish reports on the Company, we could lose visibility in the financial
markets, which could cause the share price or trading volume of the common stock to decline.

We
are an “emerging growth company” and we cannot be certain if the reduced disclosure requirements applicable to emerging growth
companies will make our securities less attractive to investors.

We
are an “emerging growth company,” as defined in the JOBS Act.