CDT Equity Inc. entered into temporary amendments to its ELOC Purchase Agreement and Senior Secured Convertible Note with Ascent Partners Fund LLC, setting purchase price caps and adjusting prepayment terms through May 31, 2026.
Key takeaways
Entered Amendment No. 2 to January 16, 2026 Directed Stock Purchase Agreement with Ascent Partners Fund LLC, capping regular purchase gross price at $510,000 without consent.
Extended Adjustment Period under ELOC until Purchaser enters committed trades to sell all purchased shares.
Note Amendment allows Company to retain 90% of proceeds from debt/equity financings including ELOC, with 10% applied to Note obligations.
Both amendments effective May 15, 2026, and expire May 31, 2026.
Exhibits 10.1 and 10.2 filed containing full amendment texts.