CDT Equity entered into an Amended and Restated Loan Agreement and Senior Secured Convertible Note with J.J. Astor to close the second tranche of its financing. The $1.971 million principal note provides $1.46 million in proceeds before fees, funded in two tranches. Under the amendment, 24 equal weekly installments of $82,125 will begin on July 10, 2026, shifting from the previously scheduled June 18 start. The updates align funding completion with a revised repayment schedule.
Agreement details:
- Agreement type: Amended and restated senior secured convertible note and loan agreement
- Counterparty: J.J. Astor
- Signed / Effective: Jun 30 2026 / same
- Duration / Termination: 24 weeks
- Reason: Close second tranche and adjust payment schedule
Original SEC Filing:
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