CID HoldCo (DAIC) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
21 Apr, 2026Executive summary
Supplement corrects scrivener's errors in the previously filed proxy card, with no changes to the body of the Proxy Statement.
Revised proxy card is provided as Appendix A and made available to all stockholders.
Annual Meeting of Stockholders is scheduled for May 12, 2026, with voting available online, by mail, or at the virtual meeting.
Voting matters and shareholder proposals
Election of one Class I Director (Phyllis Newhouse) to the board.
Ratification of Carr, Riggs & Ingram, LLC as independent auditor for fiscal year ending December 31, 2026.
Approval of amendments to the Certificate of Incorporation for potential reverse stock splits (ratios between 1:10 and 1:25).
Approval of financing transactions with potential sources A and B, including equity lines of credit, stock purchase agreements, and warrants, possibly exceeding 20% of current outstanding common stock.
Approval of share issuance upon conversion of a senior convertible note if default occurs on a loan agreement with J.J. Astor & Co.
Approval for potential issuance of up to 100,000,000 shares of common stock or equivalents in non-public financings.
Amendment to the 2024 Equity Incentive Plan to increase shares available for issuance to 19,959,853.
Board of directors and corporate governance
Board unanimously recommends voting "FOR" all seven proposals.
Proxy allows for discretionary voting on other matters that may arise at the meeting.
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