SCHEDULE: Craig Wigglesworth Exits Major Stake in CDT Equity Inc.

Craig Wigglesworth has filed an amendment to his Schedule 13G, reporting a beneficial ownership of 3.4% in CDT Equity Inc. after a reverse stock split, marking an exit from his previous significant stake.

Summary

• Craig Wigglesworth has filed an amendment to his Schedule 13G, indicating he is no longer a beneficial owner of more than five percent of CDT Equity Inc.'s common stock.
• As of September 30, 2026, Mr. Wigglesworth directly owns 50,322 shares of common stock, representing approximately 3.4% of the issued and outstanding shares.
• This ownership level is after giving effect to a 1-for-25 reverse stock split that occurred on September 28, 2026.
• The filing serves as an exit filing for Mr. Wigglesworth, as his ownership has fallen below the 5% threshold requiring a Schedule 13G filing.
• The ownership percentage is based on 1,477,789 shares of common stock outstanding as of September 30, 2026, as provided by the Issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing, primarily due to the reporting person exiting their significant ownership position, indicating a potential lack of continued conviction or a strategic shift away from the company.

Positives

• The company has completed a reverse stock split, which can sometimes be a precursor to strategic changes or uplisting efforts.
• The reporting person's ownership is based on a clear number of shares (50,322) and a stated percentage (3.4%).

Negatives

• The primary reporting person, Craig Wigglesworth, has reduced his stake to below 5%, indicating a potential lack of confidence or a strategic divestment.
• This filing is explicitly an 'exit filing', signifying a departure from a previously significant ownership position.

Risks

• The reduction in ownership by a significant stakeholder could be interpreted negatively by the market, potentially impacting share price.
• The company underwent a reverse stock split, which can sometimes be associated with companies facing financial difficulties or seeking to meet exchange listing requirements.

Future Outlook

No specific forward-looking statements or guidance are provided in this filing, as it primarily concerns changes in beneficial ownership.

Management Comments

• The filing of this Amendment No. 1 should not be construed in and of itself as an admission by Mr. Wigglesworth as to beneficial ownership of the shares of Common Stock reported herein.
• Mr. Wigglesworth disclaims any such beneficial ownership except to the extent of his pecuniary interest therein.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for significant shareholders. The context here is an individual reducing their stake below a reporting threshold, which is a common event but can signal a shift in investor sentiment.

Stakeholder Impact

• Shareholders may react to the reduction in ownership by a former significant stakeholder, potentially leading to short-term price volatility.
• The company's management may need to address investor concerns regarding the departure of a substantial shareholder.

Next Steps

• Mr. Wigglesworth will no longer be required to file Schedule 13G amendments unless his ownership stake increases above 5% again.
• The market will likely observe future trading activity of CDT Equity Inc. to gauge investor sentiment following this ownership change.

Key Dates

Recommendation

The filing indicates a significant shareholder reducing their stake below the reporting threshold, which is a neutral to slightly negative signal. Without further financial or strategic information, a 'hold' recommendation is prudent, suggesting investors monitor the company's performance and future disclosures.

Keywords

CDT Equity Inc., Schedule 13G, Beneficial Ownership, Reverse Stock Split, Exit Filing, Securities Exchange Act, Shareholder