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Stock impact report

CID HoldCo, Inc. Provides Market Update and Clarifies Recent Trading Activity

CID HoldCo, Inc. (DAIC) 
Company Research Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--CID HoldCo, Inc., doing business as Dot Ai (Nasdaq: DAIC) (“Dot Ai” or the “Company”), an IoT and AI-based SaaS company at the forefront of Asset Intelligence technology, today provided an update in response to recent heavy trading activity in its common stock.The Company confirms that it is not aware of any undisclosed material adverse events, has not executed any equity dilution transactions, and has not authorized any sales of Company shares by officers or directors in connection with recent market activity.Recent trading volume reflects market dynamics and liquidity conditions common among micro-cap securities and does not reflect any change in the Company’s operating outlook.Dot Ai continues to execute on its commercial strategy and expects to provide a business update in the near-term outlining progress across revenue initiatives, customer engagements, and go-to-market execution.The Company remains focused on disciplined capital management, operat Show less Read more
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