Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CID Holdco, Inc. incurred convertible notes of $287,500 with White Lion Capital, LLC at 8% per annum maturing the six-month anniversary of the issue date.
- Instrument
- convertible notes
- Principal
- $287,500
- Counterparty
- White Lion Capital, LLC
- Rate
- 8% per annum
- Maturity
- the six-month anniversary of the issue date
- Event
- incurrence
Exact text from the filing
On May 29, 2026, CID HoldCo, Inc. (the “Company”) completed the third closing (the “Second Required Subsequent Closing”) under that certain Note Purchase Agreement, dated April 17, 2026, by and between the Company and White Lion Capital, LLC, a Nevada limited liability company (the “Holder”), as amended by that certain Side Letter Agreement, dated May 7, 2026, by and between the Company and the Holder (collectively, the “Note Purchase Agreement”). In connection with the Second Required Subsequent Closing, the Company issued to the Holder a senior secured convertible promissory note (the “Note”) in the face amount of $287,500 for cash proceeds of $230,000, reflecting a 20% original issue discount, pursuant to the terms of the Note Purchase Agreement.
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.4
CID Holdco, Inc. issued convertible note to the Holder for original principal amount of $287,500.
- Security
- convertible note
- Purchaser
- the Holder
- Consideration
- original principal amount of $287,500
Exact text from the filing
Form 8-K is incorporated herein by reference. As described in Item 2.03 above, on May 29, 2026, the Company issued the Note to the Holder with an original principal amount of $287,500. The Note is convertible into shares of Common Stock in accordance with its terms, as described above. The Note and securities issued in connection with the Second Required
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