CID HoldCo (DAIC) director Sheldon Paul exits board and tech committee
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CID HoldCo, Inc. reported that on March 19, 2026, Dr. Sheldon Paul resigned from its board of directors and from the Cybersecurity and Technology Committee, effective immediately. His term had been scheduled to run until the annual stockholder meeting on April 30, 2026. The board’s Nominating and Corporate Governance Committee plans to begin searching for a new independent director to fill the vacancy after that meeting.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What did CID HoldCo, Inc. (DAIC) announce in this 8-K filing?
CID HoldCo, Inc. announced that director Dr. Sheldon Paul resigned from the board and the Cybersecurity and Technology Committee, effective March 19, 2026. His departure creates a board vacancy that will be addressed after the upcoming annual stockholder meeting.
When did DAIC director Dr. Sheldon Paul resign from CID HoldCo’s board?
Dr. Sheldon Paul resigned from CID HoldCo’s board of directors on March 19, 2026, effective immediately. His resignation also covered his role on the Cybersecurity and Technology Committee, leaving a vacancy the company plans to fill with a new independent director.
What committee role did Dr. Sheldon Paul leave at CID HoldCo (DAIC)?
Along with his board seat, Dr. Sheldon Paul resigned from CID HoldCo’s Cybersecurity and Technology Committee. This removes his involvement in overseeing technology and cybersecurity matters at the company, and the board intends to recruit another independent director to assume board responsibilities.
Was Dr. Sheldon Paul’s CID HoldCo (DAIC) board term close to expiring?
Yes. Dr. Paul was one of two directors whose terms were scheduled to expire at the annual stockholder meeting on April 30, 2026. His nomination for re-election was under normal board consideration when he chose to resign effective immediately instead of standing for another term.
How will CID HoldCo (DAIC) handle the board vacancy after Dr. Paul’s resignation?
CID HoldCo’s Nominating and Corporate Governance Committee plans to start a search for a new independent director after the April 30, 2026 annual stockholder meeting. This search is intended to fill the vacancy created by Dr. Paul’s immediate resignation from the board and committee.
Who signed the DAIC 8-K reporting Dr. Sheldon Paul’s resignation?
President and Chief Executive Officer Edmund Nabrotzky signed the 8-K on behalf of CID HoldCo, Inc. His signature formally confirms the company’s disclosure of Dr. Sheldon Paul’s immediate resignation and the board’s plan to conduct an independent director search following the annual meeting.