CID HoldCo to Acquire Envoy Technologies for $65M in Stock From BladeRanger

CID HoldCo entered into a Securities Purchase Agreement to acquire 100% of Envoy Technologies in a $65 million stock transaction. At closing, CID HoldCo will issue 10,833,333 shares valued at a $6.00 reference price, including Series C Convertible Preferred shares to BladeRanger and the Envoy noteh…