Monitor for any future conversion to Schedule 13D, which would signal activist intent. The 9.2% stake is large enough to influence if the group changes its passive stance, but the current filing explicitly disclaims control intent.
Price Chart
Executive Summary
Primary Development Fund (Cayman) SPC and related entities filed a new Schedule 13G disclosing a 9.2% passive stake in CDT Equity Inc., representing 50,321 common shares as of August 31, 2026, adjusted for a 1-for-25 reverse stock split effective September 28, 2026. The filing is a new initial disclosure, not an amendment, and the group certifies it holds the shares for passive investment purposes with no intent to influence control.
Key Financial Metrics
Key Facts
- Primary Development Fund (Cayman) SPC and related entities (E2 Trust, E3 Fund SP, IALC Trustees SA) filed a new Schedule 13G disclosing a 9.2% passive stake in CDT Equity Inc.
- The stake consists of 50,321 shares of common stock, par value $0.0001 per share, as of August 31, 2026, adjusted for a 1-for-25 reverse stock split effective September 28, 2026.
- The percentage is based on 547,754 shares outstanding as of August 31, 2026, per the issuer's Form 8-K filed September 1, 2026.
- The filing is a new initial Schedule 13G, not an amendment, and the group certifies passive investment intent under Rule 13d-1(c).
- The group includes a Cayman Islands fund, a UK discretionary trust, a Cayman segregated fund, and a Swiss trustee company.
Financial Impact
9.2% passive stake valued at approximately $50,321 * (undisclosed price per share) — no dollar value stated in filing.
Risk Factors
- Potential future conversion to activist 13D if the group's investment thesis changes.
- Reverse stock split may indicate financial distress or low share price, increasing volatility risk.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G Filing (Primary) | 0001753926-26-001911 |
| Document: 0001753926-26-001911-index-headers.html | 0001753926-26-001911 |
| Document: 0001753926-26-001911-index.html | 0001753926-26-001911 |
| Document: 0001753926-26-001911.txt | 0001753926-26-001911 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $0.0837 | awaiting T+20 | — | $0.0800 (−4.42%) |
Oct 27, 2026 today | DEF 14A | $0.0890 | awaiting T+20 | — | $0.0800 (+10.11%) |
Oct 27, 2026 today | SC 13D/A | $0.0890 | awaiting T+20 | — | $0.0800 (−10.11%) |
Oct 27, 2026 today | 3 | $0.0819 | awaiting T+20 | — | $0.0800 (−2.32%) |
Oct 27, 2026 today | 8-K | $0.0982 | awaiting T+20 | — | $0.0800 (+18.53%) |
Oct 13, 2026 14d ago | 8-K | $0.4500 | awaiting T+20 | — | $0.0800 (+82.22%) |
Oct 8, 2026 19d ago | SC 13G/A | $0.7180 | awaiting T+20 | — | $0.0800 (+88.86%) |
Oct 7, 2026 20d ago | SC 13G | $0.8000 | awaiting T+20 | — | $0.0800 (−90.00%) |
Oct 7, 2026 20d ago | SC 13G/A | $0.8000 | awaiting T+20 | — | $0.0800 (+90.00%) |
Oct 7, 2026 20d ago | SC 13G/A | $0.8000 | awaiting T+20 | — | $0.0800 (+90.00%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers