(RTTNews) - CDT Equity Inc. (CDT) on Thursday said its Board has approved a 1-for-8 reverse stock split, effective October 10, 2025.
This move is often undertaken by companies to regain compliance with exchange listing rules, which typically require a minimum share price of $1.
CDT Equity shares were more than 14% down in pre-market. The stock had closed at $0.7368, down 4.15% on Wednesday. It has traded in the range of $0.5730 - $274.5000 in the last 1 year.
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