CDT Equity issues USD 541,620 senior secured convertible note to J.J. Astor & Co
CDT•Convertible note and repayment
CDT Equity entered a senior secured convertible promissory note with J.J. Astor for USD 541,620 on Aug. 31, 2026.
Net proceeds totaled USD 375,002; the note was repaid in full on Sept. 4, 2026.
Security, warrants and conversion terms
Funding came under a June 11, 2026 loan agreement with CDT Equity Ltd. as subsidiary guarantor; collateral carried a first-priority lien.
Warrants were issued to buy 237,000 shares at USD 1.69; five-year term; issuance above 19.99% may require stockholder approval.
Conversion was allowed at 70% of the 20-day low VWAP or USD 0.338 floor; no shares were issued due to repayment.
