CID HoldCo (DAIC) shareholders approve reverse stock split, two financings, and up to 100M share issuance

CID Holdco, Inc.

• Reverse stock split authorized at ratio between 1:10 and 1:25; Board to determine exact ratio and timing.
• Two financing sources approved to repay J.J. Astor Loan and terminate Original ELOC; issuances may exceed 20% of outstanding.
• Up to 100M shares (over 20% of outstanding) authorized for future non-public financings.
• Equity incentive plan increased to 19,959,853 shares available for issuance.
• Director Phyllis Newhouse elected with ~11.8M for, 0.4M withheld, 5.4M broker non-votes.

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