Recent Updates — DAICW

CID HoldCo agreed to issue an aggregate of approximately 808,502 shares of common stock at a deemed price of $6.00 per share to its executive officers and other creditors in exchange for the waiver and release of outstanding indebtedness totaling approximately $368,107. The transaction includes 55,613 shares issued to CEO Edmund Nabrotzky, CFO Charles Maddox, and CTO Vijayan Nambiar to settle their $208,000 executive loans, plus an additional commitment to issue 752,889 shares to other creditors. The company also agreed to pay approximately $37,075 in cash as part of the settlement. The issued shares are subject to a lock-up restriction through April 15, 2027, and the company has committed to filing a resale registration statement by November 30, 2026. CID HoldCo operates in the technology sector.