CID Holdco enters up to $10M equity line and $2.875M convertible note with White Lion Capital

CID Holdco, Inc.

Common stock purchase agreement allows CID to sell up to $10M of stock to White Lion through Dec 2028.
Senior secured convertible note: up to $2.875M principal (20% OID, $2.3M net proceeds), 8% interest, 6-month tranches.
Conversion price set at 80% of lowest 15-day VWAP; default conversion drops to $0.01 per share.
Stockholder approval required by May 15, 2026; failure triggers $250K liquidated damages and default under note.
Notes secured by all assets (second lien subordinated to J.J. Astor loan); proceeds used for J.J. Astor payments.

item 1.01 item 2.03 item 3.02 item 9.01

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ticker: DAIC
cik: 0002033770
company_name: CID Holdco, Inc.
filed_at: 2026-04-20T23:59:59+00:00
discovered_at: 2026-05-14T18:02:33.420976+00:00
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accession 0001213900-26-045664

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