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AI brief of an SEC Form 8-K · CID Holdco, Inc. (DAIC)

Dot Ai Completes $65 Million All-Stock Acquisition of Envoy Technologies

Mixed Impact 4 of 5 m&a Written later

Dot Ai (CID HoldCo, Inc.) closed its acquisition of Envoy Technologies, Inc. on October 9, 2026, making Envoy a wholly owned subsidiary. The deal was paid in Dot Ai common stock and Series C Preferred Stock, valued at about $65.0 million at a $6.00 reference price, and it is expected to leave BladeRanger holding a majority of Dot Ai's common stock on an as-converted basis once conversions are completed, which would dilute existing shareholders. The company believes it now meets Nasdaq's $2.5 million stockholders' equity requirement, but its continued listing remains subject to the Nasdaq Hearings Panel's confirmation.

Key points

  • Closed October 9, 2026; BladeRanger received 233,543 common shares and 8,433,123 Series C Preferred Shares at closing
  • Blink Charging holds a $12,500,000 Envoy convertible note that will convert into 2,166,667 common shares upon stockholder approval and an effective Form S-1 registration statement
  • Dot Ai believes its stockholders' equity meets the $2.5 million Nasdaq minimum; the Nasdaq Hearings Panel must confirm
  • Parties agreed to use reasonable best efforts to obtain stockholder approval by January 31, 2027

The filing

CompanyCID Holdco, Inc. (DAIC)
Form8-K, current report
Filed with the SECOct 13, 2026, 5:24 PM ET
Accession number0001213900-26-109108

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed3.01 Delisting / Listing Rule Notice3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.