CID Holdco, Inc. 8-K

What Happened
CID Holdco, Inc. (Nasdaq: DAIC) announced that its Board approved and implemented a one-for-25 reverse stock split of its common stock, as previously approved by shareholders on May 12, 2026. The reverse split became legally effective at 4:01 p.m. Eastern Time on May 29, 2026, and the Common Stock will open for trading on The Nasdaq Stock Market on a reverse split-adjusted basis on June 1, 2026. The Company filed a Certificate of Amendment (filed May 27, 2026) and issued a press release on May 28, 2026 (Exhibit 99.1).

Key Details

• Reverse split ratio: 1-for-25 (every 25 shares reclassified into 1 share).
• Legal Effective Date/time: May 29, 2026 at 4:01 p.m. ET; trading adjusted on Nasdaq on June 1, 2026.
• New CUSIP: 171756208; trading symbol remains “DAIC.”
• Par value unchanged: $0.0001 per share. No fractional shares will be issued—fractions rounded down and cash paid in lieu.
• Paying agent: Continental Stock Transfer and Trust; broker-held positions will be adjusted automatically.

Why It Matters
A reverse stock split reduces the number of outstanding shares and increases the per-share share price without changing each holder’s proportional ownership (except for any rounding down of fractional shares). Investors should note the new CUSIP, the date trading will reflect the split (June 1, 2026), and that fractional-share cash-outs may slightly reduce small holdings. Shareholders holding through a broker need not take action; they should see adjusted share counts on or after the Nasdaq-adjusted open.