CID HoldCo, Inc. received an additional delisting notice from Nasdaq on August 12, 2026, citing a market value of publicly held shares below $15 million for 30 consecutive days. This follows an earlier determination that the company failed to meet the $50 million minimum listed securities requirement. The company requested a hearing before the Nasdaq Hearings Panel, which stays any immediate suspension or delisting filing pending a decision. Concurrently, lender LHT I, LLC issued a Notice of Default due to missed monthly installment payments since January 2026 and the Nasdaq staff determination. The default amount is $1,057,417.37. LHT I demanded immediate assembly of collateral and threatened foreclosure on company assets if not resolved by August 13, 2026. The company expects foreclosure, which would transfer a material portion of its operations and assets. CID HoldCo, Inc. operates in the artificial intelligence sector.
