CID HoldCo issues $287,500 convertible note to White Lion Capital, proceeds for existing debt

CID Holdco, Inc.

Note principal $287,500 with 20% OID; net cash proceeds $230,000 after $20k legal fees.
Interest at 8% p.a., maturity six months from April 24, 2026; first six months' interest guaranteed.
Convertible at 80% of lowest 15-day VWAP; conversion capped at 4.99% beneficial ownership (Holder can increase to 9.99%).
Proceeds must be used for scheduled monthly payments under existing J.J. Astor & Co. loan.
Note is second senior secured, subordinated to J.J. Astor's first lien; issued under Regulation D exemption.

item 2.03 item 3.02

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001213900-26-050104
form_type: 8-K
ticker: DAIC
cik: 0002033770
company_name: CID Holdco, Inc.
filed_at: 2026-04-30T23:59:59+00:00
discovered_at: 2026-05-14T18:02:33.421192+00:00
generated_at: 2026-05-15T01:13:16.298672+00:00
sec_items: ["2.03", "3.02"]
event_type: debt
sentiment: neutral
materiality_score: 0.3
confidence: high
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generated_by_model: deepseek-v4-flash:cloud@v2
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Source: SEC EDGAR

accession 0001213900-26-050104

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