Insider Andrew Regan Buys $190K in Open Market, Increases Stake to 5.4%
CDT is trading near its 52-week low of $1.775 (7.0% above the low).
Summary
Andrew Regan, CEO of Corvus Capital Ltd., made a $190,000 open market purchase of CDT Equity Inc. shares, increasing his beneficial ownership to 5.4%.
Key Events · Ownership and Investor Activity · CDT
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Insider Open Market Purchase
Corvus Capital Ltd., controlled by CEO Andrew Regan, purchased 100,000 shares in the open market for $190,000 on May 13, 2026.
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Warrant Exercise
Corvus Capital Ltd. received 147,401 shares on March 24, 2026, through a cashless exercise of pre-funded warrants, after the 1-for-25 reverse stock split.
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Increased Beneficial Ownership
Andrew Regan now beneficially owns 262,766 shares, representing 5.4% of the company's outstanding common stock.
Analysis · CDT · Life Sciences
This filing indicates a significant vote of confidence from Andrew Regan, CEO of Corvus Capital Ltd., who increased his beneficial ownership through a $190,000 open market purchase. This buying activity is particularly notable given the company's recent disclosures of a going concern warning and substantial share dilution events, suggesting strong conviction in the company's future despite financial challenges.
At the time of this filing, CDT was trading at $1.90 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $10.3M. The 52-week trading range was $1.78 to $1,229.70. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.