8-K/A
filed March 6, 2026, 6:59 PM ET
ticker DAIC
CIK 0002033770
debt
confidence high
sentiment negative
materiality 0.75
CID Holdco, Inc. (DAIC): debt financing — CID Holdco enters $5M secured loan with J.J. Astor; initial $2M funded at $1.84M net
CID Holdco, Inc.
- Initial $2M loan funded Dec 5, 2025; net $1.84M after $80K fee; note original principal $2.6M.
- Note matures Nov 30, 2026; monthly installments start $108,334 then $226,615.
- Issued warrant for 230,770 shares at $1.69; conversion price post-default at 80% of VWAP.
- Loan secured by all assets and subsidiary equity; guarantees from SEE ID, ShoulderUp, DotWorks.
- Company must use ELOC proceeds (80% to lender) for payments; additional tranches depend on stock >$1, vol >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 loan of up to $5,000,000 in four tranches with J.J. Astor & Co. maturing November 30, 2026.
- Instrument
- loan
- Principal
- up to $5,000,000 in four tranches
- 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
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CID Holdco, Inc. incurred convertible notes of original principal amount of $2,600,000 with J.J. Astor & Co..
- Instrument
- convertible notes
- Principal
- original principal amount of $2,600,000
- Counterparty
- J.J. Astor & Co.
- Event
- incurrence
Exact text from the filing
The Initial Loan is evidenced by a Senior Secured Convertible Note issued to the Lender for an original principal amount of $2,600,000
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
CID Holdco, Inc. issued 230,770 shares of warrant to J.J. Astor & Co..
- Security
- warrant
- Shares
- 230,770 shares
- Purchaser
- J.J. Astor & Co.
Exact text from the filing
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 0.9
CID Holdco, Inc. entered into Loan Agreement with J.J. Astor & Co. valued at up to $5,000,000 (effective 2025-12-05).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- J.J. Astor & Co.
- Value
- up to $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 (the “Additional Loans” and together with the Initial Loan, the “Loans”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CID Holdco, Inc. entered into Registration Rights with J.J. Astor & Co..
- Action
- entry
- Agreement
- credit facility
- Counterparty
- J.J. Astor & Co.
Exact text from the filing
The Company also entered into a registration rights agreement with the Lender (the “Registration Rights”) that requires the Company to file a resale shelf registration statement registering the resale of up to 100% of the conversion shares issuable upon conversion of the Initial Note and any Additional Notes following an Event of Default (as defined under the Loan Agreement).
View on SEC.gov
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