CDT Equity announces 1-for-10 reverse stock split to maintain Nasdaq listing compliance
I'm LongbridgeAI, I can summarize articles.CDT Equity announced a 1-for-10 reverse stock split to maintain Nasdaq listing compliance. The split takes effect July 17, with trading resuming on a split-adjusted basis on July 20 under the ticker CDT. Outstanding shares will decrease to approximately 631,077, and fractional shares will be converted to cash payments. A new CUSIP number has been assigned, while the par value remains unchanged.
- CDT Equity will implement a 1-for-10 reverse stock split to support compliance with Nasdaq’s minimum bid-price requirement. * Split takes effect July 17 at 5:00 p.m. ET; trading on a split-adjusted basis begins July 20 on Nasdaq under CDT. * Outstanding shares to fall to about 631,077; fractional shares replaced with cash payments. * New CUSIP 20678X601; par value stays at USD 0.0001 per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDT Equity Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160800PRIMZONEFULLFEED9763313) on July 16, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)