CID HoldCo to Acquire Envoy Technologies; bridge note and debt settlement
CID HoldCo announced transactions including a binding term sheet to acquire Envoy Technologies from BladeRanger, issuing 10,833,333 shares (with Series C preferred valued at $6.00 per share) for roughly 67.3% of the p… It also secured a bridge note and said it would settle $1.09M of debt.