{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-062902","form_type":"8-K","ticker":"DAIC","cik":"0002033770","company_name":"CID Holdco, Inc.","filed_at":"2026-05-29T20:52:26+00:00","discovered_at":"2026-05-29T20:53:00.425717+00:00","generated_at":"2026-05-29T20:54:03.677532+00:00","sec_items":["2.03","3.02","5.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"CID HoldCo furloughs all employees, executives defer salaries; issues $287.5K convertible note at 20% OID","bullets":["Temporary furlough of all employees effective May 25, 2026 to preserve liquidity while evaluating financing options.","CEO, CFO, CTO salaries reduced to state minimum; CRO reduced 50%; all deferred base salaries effective May 29, 2026.","Issued $287,500 senior secured convertible note to White Lion Capital for net cash of $230,000 (20% OID).","Note bears 8% interest, matures in 6 months; conversion price at 80% of lowest VWAP over 15 trading days.","Furlough and salary deferrals may materially impact operations, revenues, and operating results."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-062902","json":"https://secwatch.observer/filing/0001213900-26-062902.json","markdown":"https://secwatch.observer/filing/0001213900-26-062902.md","text":"https://secwatch.observer/filing/0001213900-26-062902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/0001213900-26-062902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/ea0292819-8k_cidhold.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T20:54:03.677532+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4356ec4e279a93e902eb49de221c1f1a7c4002fa","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/0001213900-26-062902-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$287,500"},{"label":"Counterparty","value":"White Lion Capital, LLC"},{"label":"Rate","value":"8% per annum"},{"label":"Maturity","value":"the six-month anniversary of the issue date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6db10f455c2a254f250fa81f7671f0300d190343","claim":"CID Holdco, Inc. issued convertible note to the Holder for original principal amount of $287,500.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033770/000121390026062902/0001213900-26-062902-index.htm","confidence":0.4,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"the Holder"},{"label":"Consideration","value":"original principal amount of $287,500"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}