CID HoldCo faces Nasdaq delisting and LHT I foreclosure on $1.06M default

CID Holdco, Inc.

On Aug 12, 2026, Nasdaq issued additional delisting basis: MVPHS below $15M for 30 days; failed to regain by Aug 10, 2026.
Initial delisting notice Aug 6, 2026 for failure to meet $50M MVLS requirement; hearing requested and pending.
LHT I (assignee of J.J. Astor & Co.) sent default notice Aug 12, 2026 alleging breach of Note; default amount $1,057,417.37.
LHT I demands collateral assembly by Aug 13, 2026 and threatens foreclosure; company expects transfer of material operations.
Company pursuing strategic alternatives but no assurance of continued listing or favorable hearing outcome.

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