SCHEDULE: CDT Equity Inc. Beneficial Ownership Update

Several entities have reported a combined 2.97% beneficial ownership of CDT Equity Inc. common stock following a reverse stock split.

Summary

• This filing reports that Primary Development Fund (Cayman) SPC, E2 Trust, E3 Fund SP, and IALC Trustees SA collectively beneficially own 23,912 shares of CDT Equity Inc. common stock.
• This ownership represents 2.97% of the company's outstanding shares.
• The reported ownership is based on 786,670 shares outstanding as of August 12, 2026, as per the company's Form 10-Q.
• The shares are held indirectly through Primary Development Fund, with E2 Trust holding a 95% beneficial interest in E3 Fund, and the Altug Family Trust holding the remaining 5%.
• IALC Trustees SA, as trustee for E2 Trust, and the Altug Family Trust, exercise sole voting and dispositive power over these shares.
• The filing also notes a 1-for-10 reverse stock split effected on July 20, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership without significant new financial or strategic information.

Positives

• The reporting entities have disclosed their beneficial ownership, providing transparency to the market.
• The ownership stake is below the threshold that typically triggers significant market reaction or regulatory scrutiny for passive investors.

Negatives

• No new financial performance data or strategic initiatives are disclosed in this filing.
• The filing does not provide insight into the investment strategy or intentions of the reporting entities.

Risks

• Potential for future changes in beneficial ownership by these entities, which could impact share price or control dynamics.
• The filing does not detail any specific risks associated with CDT Equity Inc. itself, focusing solely on ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance from CDT Equity Inc. It solely reports on beneficial ownership.

Management Comments

• The filing states that the Reporting Persons may be deemed to share beneficial ownership of the shares of Common Stock directly held by Primary Development Fund.
• The filing includes a certification that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors or entities acquiring a significant, but typically passive, stake in a public company. This filing indicates a notable, albeit minority, ownership position by several investment entities in CDT Equity Inc.

Comparison to Industry Standards

• The reported ownership percentage of 2.97% is a common threshold for passive investors to report beneficial ownership without triggering stricter regulatory requirements associated with control.
• Many institutional investors, such as mutual funds and hedge funds, hold similar or larger stakes in publicly traded companies, but this filing does not specify the investment strategy or typical holdings of the reporting entities.

Related Party Transactions

• E2 Trust holds 95% of the beneficial interest in E3 Fund, and the Altug Family Trust holds a 5% beneficial interest in E3 Fund, indicating a related party relationship between these entities concerning the shares held.

Stakeholder Impact

• Shareholders receive increased transparency regarding significant beneficial ownership stakes.
• The market gains information about entities holding a notable portion of the company's stock.

Next Steps

• The reporting entities will continue to hold their beneficial ownership stake in CDT Equity Inc.
• Future filings may be required if there are changes in beneficial ownership exceeding reporting thresholds.

Key Dates

Keywords

CDT Equity Inc., Schedule 13G, Beneficial Ownership, Primary Development Fund, E2 Trust, E3 Fund SP, IALC Trustees SA, Reverse Stock Split