CDT Equity Secures $6.75 Million Secured Convertible Note; Issues 225,000 Warrants to J.J. Astor
CDT Equity raised $6.75 million via a senior secured convertible note from J.J. Astor, with 24 weekly payments starting Oct 14, 2026. The note matures Mar 24, 2027, and is convertible at 70% of the lowest 20-day closing price or a $0.18354 floor. The company also issued 225,000 warrants priced at $0.9177, subject to Nasdaq approval by Nov 13, 2026.
