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

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

CID Holdco, Inc. issued Commitment Warrant of warrant to White Lion Capital, LLC for part of the Financing Transaction.

Security: warrant
Shares: Commitment Warrant
Purchaser: White Lion Capital, LLC
Consideration: part of the Financing Transaction

Exact text from the filing

The issuance of the Commitment Shares and the Commitment Warrant were not registered under the Securities Act in reliance upon the exemptions from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder.

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

CID Holdco, Inc. issued a number of shares of Common Stock equal to a commitment fee amount of $120,000 divided by the closing price of common stock to White Lion Capital, LLC for commitment fee.

Security: common stock
Shares: a number of shares of Common Stock equal to a commitment fee amount of $120,000 divided by the closing price
Purchaser: White Lion Capital, LLC
Consideration: commitment fee

Exact text from the filing

The issuance of the Commitment Shares and the Commitment Warrant were not registered under the Securities Act in reliance upon the exemptions from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

CID Holdco, Inc. entered into Common Stock Purchase Agreement with White Lion Capital, LLC valued at up to $10,000,000 (effective 2026-04-17).

Action: entry
Agreement: equity purchase
Counterparty: White Lion Capital, LLC
Value: up to $10,000,000
Effective: 2026-04-17

Exact text from the filing

On April 17, 2026 (the “Effective Date”), CID Holdco, Inc. (the “Company”) entered into a series of financing agreements (collectively, the “Financing Transaction”) with White Lion Capital, LLC, a Nevada limited liability company (the “Investor”), consisting of, among other documents, (i) a Common Stock Purchase Agreement (the “CSPA”)

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CID Holdco, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-045664

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