secwatch.observer — SEC 8-K summary
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Issuer:     CID Holdco, Inc. (DAIC)
CIK:        0002033770
Form:       8-K
Filed at:   2026-07-22T12:47:44+00:00
Accession:  0001213900-26-080208
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 5.03, 5.02, 3.02, 3.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CID HoldCo raises $6M via Series AA and B preferred; appoints Risico director, Daiss president
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- Aggregate purchase price of $6M: $2M for 400k shares Series AA Preferred, $4M for 800k shares Series B Preferred.
- Series B Preferred convertible into Series AAA Preferred, which is convertible into common; holders get board majority upon conversion.
- Funds from Series B placed in restricted account; release conditions include stockholder approval, registration effectiveness, and stock price/volume thresholds.
- Joseph Risico appointed to Board of Directors; Ryan Daiss appointed President of subsidiary SEE ID HOLDING Corp. under Employment Agreement.
- Transaction intended to help regain compliance with Nasdaq MVLS ($50M) and MVPHS ($15M) listing requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033770/000121390026080208/0001213900-26-080208-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033770/000121390026080208/ea0298826-8k_cidhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-080208

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer