CDT Equity issues USD 6.75 million senior secured convertible note to J.J. Astor & Co

Bitget2026/10/13 12:02

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CDT Equity issued a USD 6.75 million senior secured convertible promissory note to J.J. Astor, funded in two tranches.
First tranche delivered USD 3 million on USD 4.05 million principal; net proceeds totaled USD 2,869,850.
Second tranche provides USD 2 million on USD 2.7 million principal, conditional by Dec. 31, 2026 on approvals, registration, price tests.
Note matures March 24, 2027; weekly installments of USD 168,750 start Oct. 14, 2026, subject to increase.
Lender received warrants for 225,000 shares at USD 0.9177; note converts at 70% of 20-day low, with USD 0.18354 floor.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-046738), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CDT Equity issues USD 6.75 million senior secured convertible note to J.J. Astor & Co

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