CDT Equity Inc. (Nasdaq: CDT) has announced a 1-for-25 reverse stock split of its common stock, which will take effect on March 26, 2026, at 5:00 PM Eastern Time. This decision follows prior approval from the company's stockholders, who granted the board of directors the authority to determine the timing and exact ratios for future reverse stock splits. The reverse stock split will reduce the number of outstanding shares of common stock from approximately 118,000,000 to about 4,722,450 shares. The par value of the common stock will remain unchanged at $0.0001 per share. Following the split, the common stock will continue to trade under the existing ticker symbol 'CDT' on The Nasdaq Capital Market. The company will also adjust the number of shares issuable upon the exercise of equity awards and convertible securities accordingly. Stockholders who would otherwise receive fractional shares will receive cash payments instead. This strategic move is aimed at enhancing the company's stock price and improving its market perception.

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