CID HoldCo delays Q2 2025 10-Q filing
CID HoldCo, Inc. filed a notice that it will not submit its Quarterly Report on Form 10-Q for the three months ended June 30, 2025 by the normal deadline.
Rhea-AI Filing Summary
CID HoldCo, Inc. filed a notice that it will not submit its Quarterly Report on Form 10-Q for the three months ended June 30, 2025 by the normal deadline. The company explains that it needs more time to finalize its financial results so the report accurately reflects the recently completed business combination involving ShoulderUp Technology Acquisition Corp. and SEE ID, Inc., which closed under a Business Combination Agreement dated March 18, 2024.
CID HoldCo also cites the need to allow additional review time for the audit committee following recent changes in its membership, as described in a separate current report. The company states that it expects to file the delayed Quarterly Report within five calendar days of the original due date.
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Insights
CID HoldCo delays its Q2 2025 10-Q tied to a recent merger.
CID HoldCo, Inc. has notified investors that its Form 10-Q for the quarter ended June 30, 2025 will be filed late. The explanation links the delay to the complexity of reflecting a recently consummated business combination involving ShoulderUp Technology Acquisition Corp. and SEE ID, Inc., which can complicate short-term financial reporting.
The company also notes recent changes in audit committee membership and the desire to provide additional review time, which may indicate a focus on governance and accuracy during a transition period. The notice states that the quarterly report is expected to be filed within five calendar days of the original due date, suggesting the delay is intended to be brief, with further detail to come once the report is available.
FAQ
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Why is CID HoldCo (DAICW) delaying its Q2 2025 Form 10-Q filing?
How is the recent business combination affecting CID HoldCos Q2 2025 report?
What role do audit committee changes play in CID HoldCos late filing?
When does CID HoldCo expect to file the delayed Q2 2025 Form 10-Q?
What type of SEC form did CID HoldCo file regarding the delay?
Who signed CID HoldCos notification of late filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.