CDT Equity Approves 1-for-25 Reverse Stock Split for Nasdaq Compliance

Key Facts

1CDT Equity's board approved a 1-for-25 reverse stock split to maintain compliance with Nasdaq's minimum bid price requirement.

CDT Equity's board approved a 1-for-25 reverse stock split of its common stock to maintain compliance with Nasdaq's minimum bid price requirement. GlobeNewswire reported that the action is intended to increase the per-share trading price to avoid delisting, consolidating every 25 issued shares into one share while the par value remains unchanged.

CDT closed at $0.121 on September 24, 2026, ahead of the scheduled effectiveness of the split. The stock is expected to begin trading on a split-adjusted basis on September 29, 2026, which will reduce the number of outstanding shares to approximately 1,013,515.