Corvus plans $2.00-per-share offer for CDT Equity

CDT•2026-11-09

Corvus Capital intends to propose acquiring all outstanding common stock of CDT Equity for $2 per share, absent a board proposal. The proposed price is a 96.3% premium to the November 4, 2026, closing price on a post-split basis.

1. Proposal and review

Former CEO Andrew Regan outlined Corvus Capital’s intentions in a November 5, 2026, letter to the board. The board plans to establish an independent special committee with full authority to evaluate, negotiate and vote on the proposal while considering strategic alternatives.

Sources

Corvus plans $2.00-per-share offer for CDT Equity

Sec

Corvus plans $2.00-per-share offer for CDT Equity

1. Proposal and review

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