CID HoldCo, Inc.

Dot Ai Announces Definitive Agreements for Up to $6.0 million Strategic Preferred Stock Investment

2026-07-22 08:31:00

Definitive agreements advance the Company's previously announced strategic alternatives review and, upon closing, would strengthen the balance sheet with a cash infusion of up to $6.0 million in convertible preferred stock, support continued Nasdaq compliance, and position the Company to pursue value-creating strategic initiatives LAS VEGAS, NV / ACCESS Newswire / July 22, 2026 / CID HoldCo, Inc. (NASDAQ:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced that, following its previously announced review of strategic alternatives, it has entered into a definitive securities purchase agreement with certain investors (collectively, the "Investors") providing for a convertible preferred stock investment of up to $6.0 million, comprising $2.0 million of Series AA Convertible Non-Redeemable Preferred Stock and $4.0 million of Series B Convertible Non-Redeemable Preferred Stock. The securities purchase agreement also provides that, following the closing of the Series AA Preferred Stock investment, the Company's Board of Directors will establish a special committee to evaluate a proposed sale of certain operating assets of the Company pursuant to a previously executed letter of intent, as described below.

Dot Ai Fortifies Balance Sheet Through Series of Capital Structure Actions

2026-07-02 08:31:00

Company Retires White Lion Notes in Full, new investor advances $500,000 in Additional Secured Convertible Financing LAS VEGAS, NV / ACCESS Newswire / July 2, 2026 / Dot Ai, Inc. (Nasdaq:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced a series of actions to fortify its balance sheet and simplify its capital structure, including the retirement in full of its outstanding secured convertible promissory notes held by White Lion Capital, LLC, in the aggregate principal amount of approximately $867,000. The retirement releases the security interests that secured the notes, eliminates the associated debt obligation and further simplifies the Company's capital structure.

Dot Ai Launches Version 3.5 of Its Dot Matrix Platform with a Redesigned User Experience and Expanded Multi-Tenant Capabilities

2026-06-24 08:31:00

LAS VEGAS, NV / ACCESS Newswire / June 24, 2026 / Dot Ai (NASDAQ:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced the release of Version 3.5 of its Dot Matrix platform. The update makes the Company's redesigned user experience the default for all users and completes the rollout of MQTT-based notification delivery in multi-tenant environments, building on the modular, multi-tenant architecture introduced with Dot Matrix 3.0.

Dot Ai (DAIC) Stock Surges Over 15% After Hours: Why Is It Moving?

2026-06-11 03:36:44

Dot Ai shares jumped 15.14% after hours following news of two non-binding letters of intent totaling about $11 million.

CORRECTION FROM SOURCE: Dot Ai Announces Two Letters of Intent for Strategic Preferred Stock Investment and to Sell a Portion of its Operating Business

2026-06-10 16:00:00

Proposed transactions are the result of the Company's previously announced strategic alternatives process and, if consummated, would strengthen the balance sheet with up to a $5 million investment in convertible preferred stock and an up to $6 million asset purchase along with the assumption of up to $3 million of existing liabilities and are intended to support continued Nasdaq compliance, and position the Company to pursue value-creating strategic initiatives This correction includes clarifying language from the Company and replaces the earlier release from June 10, 2026. LAS VEGAS, NV / ACCESS Newswire / June 10, 2026 / Dot Ai, Inc. (Nasdaq:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced as a result of its review of strategic alternatives the entry into two letters of intent for proposed transactions.

Dot Ai Announces Two Letters of Intent for Strategic Preferred Stock Investment and to Sell a Portion of its Operating Business

2026-06-10 08:00:00

Proposed transactions are the result of the Company's previously announced strategic alternatives process and, if consummated, would strengthen the balance sheet with up to a $5 million investment in convertible preferred stock and an up to $6 million asset purchase along with the assumption of up to $3 million of existing liabilities and are intended to support continued Nasdaq compliance, return value to existing shareholders, and position the Company to pursue value-creating strategic initiatives LAS VEGAS, NV / ACCESS Newswire / June 10, 2026 / Dot Ai, Inc. (NASDAQ:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced as a result of its review of strategic alternatives the entry into two letters of intent for proposed transactions. The Company has entered into a non-binding letter of intent with an investor (the "Investor") for an up to $5.0 million convertible preferred stock investment and a separate non-binding letter of intent for the sale of a portion of its operating business for approximately $6.0 million in cash, along with the assumption of up to $3.0 million in existing liabilities.

Dot Ai Announces Engagement of Cohen & Company to Evaluate Strategic Alternatives

2026-06-03 08:31:00

LAS VEGAS, NV / ACCESS Newswire / June 3, 2026 / Dot Ai, Inc. (Nasdaq:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced that the Company is exploring a range of strategic alternatives, including, but not limited to, a sale of the Company, a merger or other business combination, a strategic partnership or joint venture, licensing arrangements, a recapitalization, additional financing transactions, continued execution of the Company's standalone operating plan or a liquidation and dissolution. In connection with the process, the Company has engaged Cohen & Company Capital Markets, a division of J.V.B.

Dot Ai Announces Implementation of Previously Approved 1-for-25 Reverse Stock Split

2026-05-28 08:31:00

Common Stock Expected to Begin Trading on a Split-Adjusted Basis on June 1, 2026 LAS VEGAS, NV / ACCESS Newswire / May 28, 2026 / CID HoldCo, Inc. ("Dot Ai" or the "Company") (Nasdaq:DAIC), today announced that it will implement a one-for-twenty-five reverse stock split of the Company's common stock, par value $0.0001 per share (the "Reverse Stock Split"), as previously approved at the annual meeting of stockholders held on May 12, 2026. The Reverse Stock Split will become effective at 4:01 p.m.