Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
(a)
Market Information
Our
common stock and warrants are traded on The Nasdaq Global Market and The Nasdaq Capital Market, respectively, under the symbols “CDT”
and “CDTTW”, respectively. Prior to the completion of the Business Combination, the securities of MURF were listed on The
Nasdaq Global Market under the symbols “MURFU,” “MURF,” and “MURFW”, all of which are no longer listed
on The Nasdaq Global Market.
On
March 27, 2025, the last quoted sale price for our common stock as reported on Nasdaq was $0.77 per share.
(b)
Holders
As
of March 28, 2025, there were approximately 400 holders of record of our common stock. Such numbers do not include beneficial owners
holding our securities through nominee names.
(c)
Dividends
We
have never declared or paid any cash dividends on our capital stock, and we do not currently intend to pay any cash dividends for the
foreseeable future. We expect to retain future earnings, if any, to fund the development and growth of our business. Any future determination
to pay dividends on our common stock will be at the discretion of our board of directors and will depend upon, among other factors, our
financial condition, operating results, current and anticipated cash needs, plans for expansion, and other factors that our board of
directors may deem relevant.
(d)
Securities Authorized for Issuance Under Equity Compensation Plans
Reference
is made to the information contained in the Equity Compensation Plan table contained in Item 11 of this Annual Report.
(e)
Recent Sales of Unregistered Securities
There were no unregistered sales of equity securities which have not been
previously disclosed in a quarterly report on Form 10-Q or a current report on Form 8-K since January 1, 2024.
(f)
Use of Proceeds from Registered Offerings
None.
(g)
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
None.
Item
6. [Reserved].
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.