CID HoldCo, Inc. filed a Form S-8 to register 2,032,521 shares of its common stock, par value $0.001 per share, issuable under the CID HoldCo, Inc. 2024 Equity Incentive Plan. This registration allows the company to grant stock-based awards to eligible participants under the plan using newly registered shares. The filing also describes standard Delaware law and company charter provisions that indemnify directors and officers and permits advance payment of certain legal expenses, and it incorporates the company’s prior and future Exchange Act reports by reference.
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.
CID Holdco, Inc. reported changes to its board of directors. On August 12, 2025, Holly Grey and Joanna Burkey resigned from the board and from the committees on which they served. Their resignations were stated to be not the result of any disagreements with the company’s operations, policies or practices.
Effective August 15, 2025, Walter Skowronski, 76, and Janice Bryant Howroyd, 72, were appointed as directors. Mr. Skowronski was also appointed chair of the audit committee. Both new directors are described as “independent” and having “financial sophistication” under applicable Nasdaq listing standards, and Mr. Skowronski has been designated an “audit committee financial expert” under SEC rules. The filing highlights Mr. Skowronski’s long senior finance career at Boeing and Lockheed-related entities and Ms. Howroyd’s more than 40 years as founder and CEO of ActOne Group and her extensive board and advisory experience.