CID HoldCo, Inc. entered into a Securities Purchase Agreement to acquire 100% of Envoy Technologies, Inc., from BladeRanger Ltd. The transaction values the acquisition at $65 million, with CID issuing approximately 10.83 million shares valued at $6.00 per share, including common stock and Series C Convertible Preferred Stock. Closing is targeted for October 6, 2026, subject to customary conditions and Nasdaq stockholder approval. BladeRanger will designate one board director post-closing. CID HoldCo, Inc. operates in the shared electric vehicle mobility sector.
