Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

Amendment to Directed Stock Purchase Agreement

As previously disclosed on January 22, 2026, CDT Equity Inc. (the "Company"), is party to a directed stock purchase agreement (the "Purchase Agreement") with an institutional investor (the "Purchaser") relating to an equity line of credit facility (the "ELOC").

On March 3, 2026, the Company and Purchaser entered into an amendment to the Purchase Agreement (the "Amendment") in which the parties mutually agreed to lower the Floor Price (as defined in the Purchase Agreement) to $0.60. Accordingly, the maximum number of shares of the Company's common stock, par value $0.0001 per share ("Common Stock") issuable pursuant to the ELOC, not taking into account the beneficial ownership limitations contained in the Purchase Agreement, is 41,666,667 shares. The full issuance of such shares underlying the ELOC is subject to stockholder approval under applicable rules and regulations of The Nasdaq Stock Market LLC.

Senior Secured Convertible Promissory Note

On March 3, 2026, the Company entered into a Securities Purchase Agreement (the "Note Purchase Agreement") with the Purchaser. Pursuant to the terms of the Note Purchase Agreement, the Company issued a Senior Secured Convertible Promissory Note with a total principal amount of up to $555,556 (the "Note"). The Note bears interest at an annual rate of 10% and matures on July 3, 2026 (the "Maturity Date"). The Company and the Purchaser may mutually agree to extend the Maturity Date by a period of two months.

The Purchaser has the right, but not the obligation, to convert, at any time following Stockholder Approval (as defined below) and prior to the Maturity Date, all or any portion of the outstanding principal amount, into shares (the "Conversion Shares") of the Company's Common Stock. The "Conversion Price" shall be equal to the Nasdaq official closing price of the Company's Common Stock on the Stockholder Approval Date (as defined below). The Note may be prepaid in whole upon ten (10) days' prior written notice to the Purchaser, but must be prepaid the next business day following a public or private offering, or issuance of Common Stock conducted by the Company, subject to certain customary conditions. Additionally, the Note is secured by certain assets of the Company, pursuant to a security agreement that was entered into with the Purchaser, in connection with the issuance of the Note (the "Security Agreement"). Lastly, to further secure the Company's obligations pursuant to the Note, a Guaranty Agreement (the "Guaranty") was entered into by the Company, in favor of the Purchaser. The Purchaser is prohibited from converting an amount that would be convertible into that number of Conversion Shares which would exceed the difference between the number of shares of the Company's Common Stock beneficially owned by the Purchaser and 9.99% of the outstanding shares of the Company's Common Stock.

The issuance of any or all of the Conversion Shares is subject to stockholder approval under applicable rules and regulations of The Nasdaq Stock Market LLC, to the extent required by such rules and regulations ("Stockholder Approval" and the date on which Stockholder Approval is received and deemed effective, the "Stockholder Approval Date"). The Company has agreed to convene a stockholders' meeting on or before May 3, 2026 to approve the issuance of the Conversion Shares.