CID Holdco, Inc. (DAIC) Form 8-K — Oct 16, 2026
$DAICForm 8-KItems 1.02, 3.02, 5.02, 9.01Filed Oct 16, 2026, 4:41 PM ET0001213900-26-110296Original filing
CID HoldCo (Nasdaq: DAIC) agreed on October 9, 2026 to settle $368,107.25 of Executive Loans owed to its CEO Edmund Nabrotzky, CFO/COO Charles Maddox, and CTO Vijayan Nambiar by issuing 55,613 shares at a deemed $6.00 per share plus roughly $37,075 in cash, forgiving the entire outstanding balance. Separately, as of October 15, 2026 the company committed to issue 752,889 additional shares at the same $6.00 deemed price to other creditors on substantially the same terms — no cash proceeds will be received from either share issuance.
Key figures
- Debt Amount
- $368,107.25 (Executive Notes principal plus accrued interest as of October 9, 2026; original commitment up to $600,000)
- Interest Rate
- 7.5
- Lockup through
- April 15, 2027
- Cash payment deadline
- December 31, 2026
- Deemed price per share
- $6.00
- Cash portion executives
- $37,075 aggregate (approx. 10% of Outstanding Debt)
- Resale registration deadline
- November 30, 2026
- Settlement shares executives
- 55613
- Settlement shares other creditors
- 752889
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.