SEE ID completes business combination with SUAC, begins trading as DAIC on Nasdaq

CID Holdco, Inc.

Business combination closed June 18, 2025; combined company renamed CID Holdco, Inc. (ticker DAIC).
Raised $13.3M in PIPE; net cash proceeds ~$11.8M after bridge loan conversion.
Entered into $50M equity purchase agreement with New Circle at discounted price (85% or 97% of VWAP).
Former SEE ID stockholders own ~58.77% of outstanding shares; 180-day lock-up applies.
Company Common Stock and Warrants trade on Nasdaq starting June 23, 2025 under DAIC and DAIC.W.

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