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Recent Updates — DAIC

September 1, 2026View Source ↗

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.

August 18, 2026View Source ↗

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.

August 12, 2026View Source ↗

CID HoldCo, Inc. received a written notification from Nasdaq on August 6, 2026, determining to delist its common stock due to failure to satisfy the minimum Market Value of Listed Securities requirement of $50 million by the August 4 deadline. Although the company regained compliance with the Minimum Bid Price Requirement in June 2026, it failed to meet the market value threshold within the 180-day cure period. The company intends to appeal the Staff Determination by requesting a hearing before a Nasdaq Hearings Panel by August 13, 2026, which will stay suspension pending the decision. CID HoldCo operates in the IoT and AI-based SaaS industry, providing asset intelligence technology for industrial and supply chain operations.

July 29, 2026View Source ↗

CID HoldCo, Inc. announced the termination of a Securities Purchase Agreement dated July 22, 2026, with certain investors. The lead Investor delivered a notice of termination on July 27, 2026, citing alleged failures of conditions to closing and purported breaches of representations and warranties. Consequently, the planned issuance of Series AA Convertible Non-Redeemable Preferred Stock and Series B Convertible Preferred Stock will not be consummated. The Company disputes these allegations, maintaining it was ready, willing, and able to close, and is evaluating its rights and remedies under the agreement while exploring options for its creditors. CID HoldCo, Inc. operates in the technology sector.

July 22, 2026View Source ↗

CID HoldCo, Inc. (Dot Ai) entered into a Securities Purchase Agreement for an aggregate investment of up to $6,000,000 in convertible preferred stock, consisting of $2,000,000 in Series AA and $4,000,000 in Series B Preferred Stock. The agreement includes provisions for a special committee to evaluate a proposed sale of operating assets and establishes board transition rights for investors. The company is an IoT and AI-based SaaS company providing asset intelligence for industrial technology.

July 2, 2026View Source ↗

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.