CID HoldCo, Inc., doing business as Dot Ai, completed its acquisition of 100% of Envoy Technologies from BladeRanger Ltd. on October 9, 2026. The transaction is valued at approximately $65 million based on a reference price of $6.00 per share and involves the issuance of common stock and Series C Convertible Non-Redeemable Preferred Stock to BladeRanger. Additionally, Blink Charging Co.'s outstanding $12.5 million convertible note remains subject to conversion into Dot Ai common stock upon satisfaction of specific conditions, including stockholder approval and SEC registration effectiveness. The acquisition adds an electric vehicle carsharing business to Dot Ai's portfolio and is intended to help the company meet Nasdaq’s minimum stockholders’ equity requirement for continued listing. CID HoldCo operates in the ambient IoT and asset-intelligence sector.
