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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…
Shares of CID HoldCo Inc. (NASDAQ: DAIC ) are surging Thursday morning following a series of major corporate transactions detailed in SEC filings after the market close on Wednesday. The holding company announced a binding agreement to acquire shared electric vehicle platform Envoy Technologies for $65 million, alongsi