Every S-1 that CID Holdco Inc (DAICW) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A S-1 covers the registration statement a company files to sell shares publicly, so if you follow DAICW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DAICW filings page.
CID HoldCo, Inc. filed an S-1 to register up to 51,000,000 shares of common stock for resale by White Lion Capital, LLC under an equity line, warrant and convertible note financing package.
The registration covers up to 15,000,000 purchase shares under a $10,000,000 Common Stock Purchase Agreement, 1,000,000 commitment shares, 15,000,000 warrant shares tied to a $10,000,000 Commitment Warrant, and 20,000,000 conversion shares from $2,875,000 of senior secured convertible notes. CID HoldCo will not receive proceeds from White Lion’s resale, but may raise cash from sales under the equity line and warrant exercises, which it expects to use mainly to repay a senior secured loan and for working capital. Before the offering, 29,293,322 shares are outstanding, and up to 80,293,322 could be outstanding if all registered shares are issued, creating substantial potential dilution. The filing also highlights rapid revenue growth to $5.8 million in 2025, significant financing obligations, material weaknesses in internal controls, and going concern uncertainty as the company scales its AI-enabled asset-tracking SaaS platform.
CID HoldCo, Inc. is conducting a primary offering registering up to 23,809,523 shares of common stock, sold together with Series A-1 and Series A-2 warrants, plus related pre-funded and placement agent warrants and up to 72,976,188 shares issuable upon warrant exercises.
The assumed combined public offering price is $0.4200 per share and accompanying warrants, with pre-funded warrants priced at $0.4199. The deal is a reasonable best-efforts offering with no minimum, so the company may raise significantly less capital than anticipated. Net proceeds are earmarked for working capital and general corporate purposes.
Shares outstanding were 29,273,322 as of September 30, 2025, and would rise to 53,082,845 if the full share amount (including any pre-funded warrants) is sold, before warrant exercises. CID HoldCo flags substantial dilution risk and notes that offering proceeds plus current cash are expected to fund only about six to nine months of operations.
The company discloses substantial doubt about its ability to continue as a going concern, a working capital deficit of $5.4 million, reliance on an up to $50 million equity line with New Circle, and a senior secured convertible loan facility of up to $5 million. Preliminary 2025 results indicate revenue of roughly $4.3–$4.6 million for Q4 and $5.6–$5.9 million for the full year, driven by new customers and initial hardware shipments, but the business remains early-stage with a rapidly evolving sales pipeline.
CID Holdco, Inc. (DAICW) amends its S-1 registration and discloses key financing and risk information for the proposed public company following a business combination. The company may issue up to 14,999,983 shares upon exercise of Public Warrants and would receive up to $172,499,805 if all Public Warrants are exercised for cash, with proceeds intended for general corporate purposes unless otherwise disclosed. The filing lists numerous operational and regulatory risks, including material weaknesses in SEE ID's internal control over financial reporting, a history of operating losses, potential litigation, and supply-chain, cybersecurity, and international expansion risks. Management, board composition, major stockholders and beneficial ownership percentages are disclosed, showing concentrated insider and related-party holdings. Financial statement line items include SAFE issuances, changes in fair value, cash flows from financing and investing activities, and product development budgets through 2025. The filing emphasizes substantial uncertainty around achieving profitability, integration and execution risks from the Business Combination, and governance and compliance burdens of being public.