CID Holdco, Inc. (DAIC) Form 8-K — Oct 13, 2026
$DAICForm 8-KItems 1.01, 2.01, 3.01, 3.02, 3.03, 5.03, 7.01, 9.01Filed Oct 13, 2026, 5:24 PM ET0001213900-26-109108Original filing
CID HoldCo (DAIC) closed its acquisition of Envoy Technologies on October 9, 2026, making Envoy a wholly owned subsidiary. BladeRanger Ltd. received 233,543 shares of common stock and 8,433,123 shares of Series C Preferred Stock, with total deal consideration of roughly $65.0 million at a $6.00 reference price. The transaction will massively dilute existing holders: total consideration is 10,833,333 as-converted shares against only 2,337,767 shares outstanding before closing, and BladeRanger is expected to hold a majority of the common stock after conversions.
Key figures
- Deal Value Usd
- 65000000
- Offering Price
- 6
- Shares Offered
- 10833333
- Closing date
- 2026-10-09
- Reference price
- $6.00 per share
- Nasdaq hearing fee
- 20000
- Blink consideration usd
- 13000000
- Blink conversion shares
- 2166667
- Common issued at closing
- 233543
- Series c preferred issued
- 8433123
- H capital convertible note
- 550000
- Blade ranger consideration usd
- 52000000
- Pre closing shares outstanding
- 2337767
- Stockholders equity requirement
- $2,500,000 (Nasdaq Rule 5550(b)(1))
- Envoy convertible note principal
- 12500000
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