CID Holdco, Inc. Faces Possible Nasdaq Delisting Over Delinquent 10-Q

What Happened

• CID Holdco, Inc. announced that on August 27, 2026 Nasdaq’s Listing Qualifications Department issued an "Additional Staff Determination" identifying the company’s failure to file its Form 10-Q for the period ended June 30, 2026 as an additional basis for potential delisting. The company previously received Nasdaq staff determinations in August 2026 that its Market Value of Listed Securities (MVLS) is below $50 million and its Market Value of Publicly Held Shares (MVPHS) is below $15 million. CID has requested a hearing before the Nasdaq Hearings Panel and the common stock remains listed pending the Hearings Panel’s decision. The company furnished a press release on September 1, 2026 (Exhibit 99.1).

Key Details

• Additional Staff Determination dated August 27, 2026 citing a delinquent Form 10-Q for the period ended June 30, 2026.
• Prior Nasdaq staff determinations: August 6, 2026 (MVLS below $50 million) and August 12, 2026 (MVPHS below $15 million).
• CID timely requested a hearing and paid the $20,000 hearing fee; the company must request an extended stay of suspension by September 3, 2026 and intends to do so.
• The company stated there is no assurance the Hearings Panel will grant an extended stay, allow additional time to file, or rule in the company’s favor.

Why It Matters

• A Nasdaq delisting determination, if upheld, could lead to suspension of trading on Nasdaq, reduced liquidity, and potential adverse effects on the market price and ability to raise capital.
• The Hearings Panel decision will determine whether CID’s stock remains listed; the company plans to request a stay and complete the delinquent filing but investors should note there is no guarantee of a favorable outcome.

Keywords: Nasdaq, delisting, Form 10-Q, MVLS, MVPHS, hearing, trading suspension, CID Holdco.