CDT Equity issues 12,131,122 shares in cashless exercise of pre-funded warrants
CDT•Cashless warrant exercise and share count update
- CDT Equity issued 12,131,122 common shares through cashless exercises of all pre-funded warrants tied to 12,131,770 underlying shares.
- Total common shares outstanding reached 13,693,866 as of Aug. 31, 2026, reflecting the warrant exercises and other recent issuances.
- Market capitalization was about $23 million based on the Aug. 31 closing price.
- Stockholders’ equity stood at about $103 million as reported in the quarterly filing for the period ended June 30, 2026.
- The company reported it no longer has any outstanding Nasdaq listing deficiencies.
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