CDT Equity converts $65K severance into shares
The share issuances settled a portion of severance and a one-time fee under an Evaluation Agreement.
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Rhea-AI Filing Summary
CDT Equity Inc. reported two share acquisitions tied to severance and a service fee. On October 23, 2026, at the issuer’s request, $65,000 of Dr. Regan’s remaining severance was converted into 499,616 common shares at $0.1301 per share; his direct holdings then totaled 499,618 shares. On October 22, 2026, CDT issued 1,347,616 shares to Manoira Corporation in full satisfaction of a $195,000 one-time fee under an Evaluation Agreement, at $0.1447 per share; Manoira then held 1,347,619 shares. Corvus Capital Ltd. separately held 217,461 shares of record. Corvus owns 87.0% of Manoira; Dr. Regan is Corvus’s CEO and sole shareholder, and both disclaim beneficial ownership except to the extent of their pecuniary interests. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 499,616 | -- | -- |
| Other | Common Stock F2, F4 | 1,347,616 | -- | -- |
| holding | Common Stock F3, F4 | -- | -- | -- |
Footnotes (4)
- F1. On August 31, 2026, in connection with his resignation as Chief Executive Officer and a director of CDT Equity Inc. (the "Issuer") effective as of that date, Dr. Regan became eligible to receive $300,000 in severance payments. On October 23, 2026, at the Issuer's request, $65,000 of the remaining severance payment was converted into shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock"), at a conversion price of $0.1301 per share, and Dr. Regan received 499,616 shares of Common Stock upon such conversion.
- F2. These shares of Common Stock are owned of record by Manoira Corporation ("Manoira"). On October 22, 2026, Manoira entered into an Evaluation Agreement with the Issuer (the "Evaluation Agreement"), pursuant to which the Issuer agreed to pay Manoira a one time fee of $195,000 for the services to be provided by Manoira thereunder. On October 22, 2026, the Issuer issued to Manoira 1,347,616 shares of Common Stock in full satisfaction of the fee due to Manoira, at a price of $0.1447 per share.
- F3. These shares of Common Stock are owned of record by Corvus Capital Limited ("Corvus").
- F4. Corvus owns 87.0% of the outstanding equity interests of Manoira and, therefore, may also be deemed to beneficially own the shares of Common Stock held of record by Manoira. Dr. Regan is the Chief Executive Officer and sole shareholder of Corvus. By virtue of these relationships, Dr. Regan may be deemed to beneficially own the shares of Common Stock held of record by Manoira and Corvus. Each of Corvus and Dr. Regan disclaims any such beneficial ownership, except to the extent of its or his pecuniary interest therein.
Key Figures
Key Terms
severance payments financial
Evaluation Agreement financial
beneficial ownership regulatory
pecuniary interest financial
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