---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-045664"
form_type: "8-K"
ticker: "DAIC"
cik: "0002033770"
company_name: "CID Holdco, Inc."
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:23:43.916647+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-045664
- form_type: 8-K
- ticker: DAIC
- cik: 0002033770
- company_name: CID Holdco, Inc.
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2033770/000121390026045664/0001213900-26-045664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2033770/000121390026045664/ea0286876-8k_cidhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-045664
- JSON: https://secwatch.observer/filing/0001213900-26-045664.json
- Plain text: https://secwatch.observer/filing/0001213900-26-045664.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.