Primary Development Fund and Affiliates Establish 2.97% Position in CDT Equity Inc.

On August 21, 2026, a joint Schedule 13G was filed by Primary Development Fund (Cayman) SPC, E2 Trust, E3 Fund SP, and IALC Trustees SA regarding their holdings in CDT Equity Inc. (CDT). The reporting group disclosed beneficial ownership of 23,912 shares of common stock, representing a 2.97% stake in the company. This position was established following a 1-for-10 reverse stock split effected by the issuer on July 20, 2026. Primary Development Fund holds the shares directly on behalf of E3 Fund, which is a segregated portfolio. E2 Trust maintains a 95% beneficial interest in E3 Fund, while IALC Trustees acts as the fiduciary for E2 Trust. Consequently, the reporting persons share voting and dispositive power over the shares. The filing indicates the shares were acquired for investment purposes and not to influence control over the issuer. The ownership percentage is based on 786,670 shares of common stock outstanding as of August 12, 2026.