CID HoldCo, Inc. received an Additional Staff Determination from Nasdaq on August 27, 2026, identifying its failure to file the Form 10-Q for the period ended June 30, 2026, as a new basis for potential delisting. This follows prior determinations citing failures to maintain minimum Market Value of Listed Securities ($50 million) and publicly held shares ($15 million). The company has requested a hearing before the Nasdaq Hearings Panel and paid a $20,000 fee, which stays suspension pending the decision. CID HoldCo intends to request an extended stay until September 3, 2026, to present its plan for completing the delinquent filing. There is no assurance that the panel will grant the stay or rule in the company's favor. The Hearings Panel’s decision will determine the future of trading on Nasdaq. CID HoldCo operates as an IoT and AI-based SaaS company providing asset intelligence technology.
