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CID HoldCo (DAIC) Proxy filing summary

Event summary combining transcript, slides, and related documents.

Logotype for CID HoldCo Inc

Proxy filing summary

21 Apr, 2026

Executive 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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