CDT Equity (CDT) large holders report zero ownership after June 18 sales
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
CDT Equity Inc. investors Prospect Capital Securities, Prospect Finance and Mark Taylor filed Amendment No. 1 to their Schedule 13D to report that they no longer beneficially own CDT Equity common stock. The filing describes open‑market sales on June 18, 2026 that reduced their holdings to zero, representing approximately 0.0% of the 4,722,458 shares outstanding as of June 22, 2026. The amendment is characterized as an exit filing and notes a previously effected 1‑for‑25 reverse stock split on March 26, 2026, which is reflected in the share figures reported.
Positive
- None.
Negative
- None.
Key Figures
Shares outstanding: 4,722,458 shares
Prospect Capital sale 1: 5,000 shares at $0.7052
Prospect Capital sale 2: 1,464,711 shares at $1.44
+4 more
7 metrics
Shares outstanding
4,722,458 shares
Common stock outstanding as of June 22, 2026
Prospect Capital sale 1
5,000 shares at $0.7052
Open-market sale on June 18, 2026
Prospect Capital sale 2
1,464,711 shares at $1.44
Open-market sale on June 18, 2026
Prospect Finance sale 1
5,000 shares at $0.751
Open-market sale on June 18, 2026
Prospect Finance sale 2
593,289 shares at $1.25–$1.67
Open-market sales on June 18, 2026
Post-transaction ownership
0 shares, 0.0%
Each reporting person’s CDT Equity common stock stake
Reverse split ratio
1-for-25
CDT Equity common stock reverse split effective March 26, 2026
Key Terms
reverse split, beneficial ownership, Schedule 13D, exit filing, +1 more
5 terms
reverse split financial
"Effective as of the opening of market on March 26, 2026, the Issuer effected a 1-for-25 reverse split of the outstanding Common Stock"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
beneficial ownership financial
"the Reporting Persons have ceased to be the beneficial owners of more than five percent of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Schedule 13D regulatory
"This Amendment No. 1 amends and supplements the Statement on , initially filed by the Reporting Persons"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
exit filing regulatory
"This constitutes an exit filing for the Reporting Person."
open market financial
"sold 5,000 and 1,464,711 shares of the Common Stock in the open market"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What does CDT Equity Inc.'s Schedule 13D/A Amendment No. 1 report?
The amendment reports that Prospect Capital Securities, Prospect Finance and Mark Taylor now hold zero CDT Equity common shares. It details recent open-market sales and confirms they ceased being beneficial owners of more than five percent of the company’s outstanding common stock as of June 18, 2026.
Who are the reporting persons in CDT (CDT Equity Inc.)’s latest 13D/A?
The reporting persons are Prospect Capital Securities Ltd, Prospect Finance Ltd and Mark Taylor. Taylor is the sole director and shareholder of both entities, and may be deemed to share voting and dispositive power over their CDT Equity shares, while disclaiming beneficial ownership beyond any pecuniary interest.
What does an exit filing mean for CDT (CDT Equity Inc.) in this context?
Here, an exit filing means the reporting persons no longer beneficially own more than five percent of CDT Equity’s common stock. The amendment updates their holdings to zero shares and formally records that they have fallen below the Schedule 13D reporting threshold after the June 18, 2026 sales.
Did CDT Equity Inc. complete a reverse stock split mentioned in this 13D/A?
Yes. The amendment notes that, effective at the market open on March 26, 2026, CDT Equity effected a 1‑for‑25 reverse split of its common stock. Every 25 pre‑split shares were combined into one share, and all share amounts in the filing reflect this adjustment.