8-K
filed December 11, 2025, 6:59 PM ET
ticker DAIC
CIK 0002033770
debt
confidence high
sentiment neutral
materiality 0.70
CID Holdco, Inc. (DAIC): debt financing — 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.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CID Holdco, Inc. incurred credit facility of up to $5,000,000 with J.J. Astor & Co. maturing November 30, 2026.
- Instrument
- credit facility
- Principal
- up to $5,000,000
- Counterparty
- J.J. Astor & Co.
- Maturity
- November 30, 2026
- Event
- incurrence
Exact text from the filing
On December 5, 2025, CID Holdco, Inc. (the “Company”) entered into a Loan Agreement with J.J. Astor & Co., a Utah corporation (including its successors and assigns, the “Lender”), pursuant to which the Company may borrow up to $5,000,000 in four tranches
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
CID Holdco, Inc. issued convertible note to J.J. Astor & Co. for $1,840,000 funded by the Lender at the funding date after deducting the Lender's origination fees and expenses from the amount of the Initial Loan.
- Security
- convertible note
- Purchaser
- J.J. Astor & Co.
- Consideration
- $1,840,000 funded by the Lender at the funding date after deducting the Lender's origination fees and expenses from the amount of the Initial Loan
Exact text from the filing
On December 5, 2025, CID Holdco, Inc. (the “Company”) entered into a Loan Agreement with J.J. Astor & Co., a Utah corporation (including its successors and assigns, the “Lender”), pursuant to which the Company may borrow up to $5,000,000 in four tranches comprised of an initial $2,000,000 tranche (the “Initial Loan”) borrowed on the initial funding date of December 5, 2025 (the “Initial Funding Date”) and up to three additional tranches of $1,000,000 each (the “Additional Loans” and together with the Initial Loan, the “Loans”). The Initial Loan is evidenced by a Senior Secured Convertible Note issued to the Lender for an original principal amount of $2,600,000 (the “Initial Note”), of which $1,840,000 was funded by the Lender at the funding date after deducting the Lender’s origination fees and expenses from the amount of the Initial Loan.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
CID Holdco, Inc. issued up to 230,770 shares of common stock of warrant to J.J. Astor & Co. for exercise price of $1.69 per share.
- Security
- warrant
- Shares
- up to 230,770 shares of common stock
- Purchaser
- J.J. Astor & Co.
- Consideration
- exercise price of $1.69 per share
Exact text from the filing
In connection with the Loan Agreement, the Company issued the Lender a warrant (the “Initial Lender Warrant and together with any Additional Lender Warrants, the “Lender Warrants”) to purchase up to 230,770 shares of common stock, par value $0.0001 per share, of the Company (the “Company”) at an exercise price of $1.69 per share, subject to certain adjustments.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.5
CID Holdco, Inc. entered into Loan Agreement with J.J. Astor & Co. valued at $5,000,000 (effective 2025-12-05).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- J.J. Astor & Co.
- Value
- $5,000,000
- Effective
- 2025-12-05
Exact text from the filing
On December 5, 2025, CID Holdco, Inc. (the “Company”) entered into a Loan Agreement with J.J. Astor & Co., a Utah corporation (including its successors and assigns, the “Lender”), pursuant to which the Company may borrow up to $5,000,000 in four tranches comprised of an initial $2,000,000 tranche (the “Initial Loan”) borrowed on the initial funding date of December 5, 2025 (the “Initial Funding Date”) and up to three additional tranches of $1,000,000 each
View on SEC.gov
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