CDT Equity announces 1-for-10 reverse stock split to maintain Nasdaq listing compliance
CDT•Reverse stock split details
CDT Equity will implement a 1-for-10 reverse stock split to support compliance with Nasdaq’s minimum bid-price requirement.
- The split takes effect July 17 at 5:00 p.m. ET.
- Trading on a split-adjusted basis begins July 20 on Nasdaq under CDT.
- Outstanding shares will fall to about 631,077.
- Fractional shares will be replaced with cash payments.
- The new CUSIP is 20678X601.
- The par value remains USD 0.0001 per share.
