$CDTSep 2, 2026, 9:00 AMAI processed
CDT: Shares outstanding 13,693,866 after recent issuances; Nasdaq deficiencies cleared
AI Summary
CDT Equity says recent share issuances and exercises of pre-funded warrants resulted in 13,693,866 shares outstanding as of August 31, 2026, and that it no longer has any Nasdaq listing deficiencies. The release does not disclose offering size, pricing, placement agents, or gross proceeds, so the exact cash raised and incremental dilution versus the prior cap table are not specified. Timing: Same-day dilution is possible, but the press release does not provide a firm first-dilution date.
Positives
- Company confirms Nasdaq listing deficiencies have been cleared
- Reports precise shares outstanding (13,693,866) and an approximate market cap of $23.0M as of Aug 31, 2026
- Stockholders' equity reported at roughly $103M in the June 30, 2026 10-Q
Negatives
- Recent issuances and warrant exercises have already occurred (shares outstanding reported as of Aug 31, 2026), so dilution has already taken effect
Filing Context
Filing and Dilution Context
Earliest dilution
Earliest dilution: date unknown
Dilution status
potential
Dilution timing
Dilution status: Undetermined
Trigger type
exercise