CID HoldCo, Inc. entered into a $500,000 senior secured convertible promissory note with Phillips Equities & Trust, LLC to secure exclusivity for a potential asset sale. The company also confirmed the termination of its previous White Lion Capital, LLC notes through full conversion into common stock. Additionally, the company regained compliance with Nasdaq's minimum bid price requirement after its stock price remained above $1.00 for 12 consecutive business days. CID HoldCo, Inc. is a holding company that operates through subsidiaries SEE ID, Inc. and DOT Works, Inc. in various business sectors.
