CDT Equity Completes 12.1M Share Warrant Exercise, Regains Nasdaq Compliance
CDT is trading near its 52-week low of $1.4 (5.7% above the low) on light trading volume (0.2× avg).
Summary
CDT Equity completed the cashless exercise of 12.1 million pre-funded warrants, increasing shares outstanding to 13.7 million and resolving Nasdaq listing deficiencies.
Key Events · Financing and Capital Events · CDT
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Warrant Exercise Completed
Investors exercised all 12,131,770 pre-funded warrants on a cashless basis, resulting in issuance of 12,131,122 shares of common stock.
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Share Count Update
Total shares outstanding as of August 31, 2026 is 13,693,866 shares, up from approximately 631,077 shares after the July reverse split.
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Nasdaq Compliance Restored
The company no longer has any outstanding deficiencies with The Nasdaq Stock Market LLC, resolving the delisting risk.
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Market Capitalization
Based on the August 31, 2026 closing price, market capitalization was approximately $23.0 million.
Analysis · CDT · Life Sciences
The cashless exercise of 12,131,122 pre-funded warrants has been completed, lifting total shares outstanding to 13,693,866. Market capitalization now stands at approximately $23 million, and all outstanding Nasdaq listing deficiencies have been resolved. This marks a critical milestone in the company's survival strategy, as it was previously facing a going concern warning and potential delisting.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 29.7% of the 1516 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.48%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CDT was trading at $1.48 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1.2M. The 52-week trading range was $1.40 to $2,719.40. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.