Andrew Regan - 03 Jun 2025 Form 4 Insider Report for CONDUIT PHARMACEUTICALS INC. (CDT)

Signature
/s/ Andrew Regan
Issuer symbol
CDT
Transactions as of
03 Jun 2025
Transactions value $
$500,001
Form type
4
Filing time
13 Jun 2025, 07:17:07 UTC
Previous filing
19 Sep 2024
Next filing
22 Sep 2025

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Regan Andrew Chief Executive Officer, Director, 10%+ Owner 4851 TAMIAMI TRAIL NORTH, SUITE 200, NAPLES /s/ Andrew Regan 13 Jun 2025 0001991325
Corvus Capital Ltd. 10%+ Owner 4851 TAMIAMI TRAIL NORTH, SUITE 200, NAPLES CORVUS CAPITAL LTD. By: /s/ Andrew Regan Name: Andrew Regan Title: Chief Executive Officer 13 Jun 2025 0001990829

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDT Common Stock Award $500K +155K $3.23 155K 03 Jun 2025 See Footnote F1, F2
holding CDT Common Stock 20K 03 Jun 2025 See Footnote F3, F4, F6
holding CDT Common Stock 118 03 Jun 2025 See Footnote F3, F5, F6
holding CDT Common Stock 44 03 Jun 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the closing price per share of the Issuer's common stock, par value $0.0001 ("Common Stock"), on June 3, 2025.
F2 These shares of Common Stock are owned of record by Manoira Corporation ("Manoira"). On June 3, 2025, the Issuer issued 154,799 shares of Common Stock to Manoira pursuant to that certain joint development agreement (the "Joint Development Agreement") by and between the Issuer and Manoira, representing an up-front consideration of $500,000.
F3 On January 24, 2025, the Issuer effected a 1-for-100 reverse stock split (the "January Reverse Split") and, on May 15, 2025, subsequently effected a 1-for-15 reverse stock split (together with the January 2025 Reverse Split, the "Reverse Splits"). The number of shares of Common Stock reported has been adjusted to give effect to the Reverse Splits.
F4 These shares of Common Stock are owned of record by Corvus Capital Limited ("Corvus").
F5 These shares of Common Stock are owned of record by Algo Holdings, Inc. ("Algo").
F6 Corvus is the owner of 99.0% of the equity interests of Manoira and Algo is a wholly owned subsidiary of Corvus, and, therefore, may also be deemed to beneficially own the shares of Common Stock held of record by Manoira and Algo. Dr. Andrew Regan is the sole director of Manoira and the Chief Executive Officer and sole shareholder of Corvus. By virtue of these relationships, Dr. Regan may be deemed to beneficially own the shares of Common Stock held of record by Manoira, Algo and Corvus. Each of Corvus and Dr. Regan disclaims any such beneficial ownership except to the extent of its or his pecuniary interest therein.