debt
confidence high
sentiment neutral
materiality 0.70
CID Holdco enters up to $5M loan with J.J. Astor; issues convertible notes and warrants
CID Holdco, Inc.
- Initial $2M loan funded Dec 5, 2025, net $1.84M after origination fees; maturity Nov 30, 2026.
- Monthly installments begin Dec 31, 2025 ($108,334); subsequent payments of $226,615.18.
- Warrant issued for 230,770 shares at $1.69; conversion price at 80% of VWAP on default.
- Secured by substantially all assets; subsidiaries guarantee; additional tranches subject to stock >$1 and volume >50k.