CDT Equity invests in Pep’d via SAFE note with $10,000,000 valuation cap
CDT Equity Inc. said it has entered into a SAFE note investment in Pep’d Inc., a U.S.-based peptide company, with a valuation cap of $10,000,000. The SAFE is set to automatically convert into shares of Safe Preferred Stock once Pep’d closes an Equity Financing. CDT said the transaction expands its exposure to the growing U.S. peptide market. Pep’d operates a telehealth platform that connects patients in all 50 U.S. states with licensed clinicians.