---
title: "CID Holdco Secures Up to $10 Million Equity Facility With White Lion Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283402375.md"
description: "CID Holdco has secured a multi-part financing deal with White Lion Capital, which includes a $10 million on-demand equity facility valid until December 31, 2028, and up to $2.875 million in senior secured convertible notes. The financing aims to enhance liquidity and provide flexibility for the company while it seeks shareholder approval. The notes will carry 8% interest and have six-month maturities, with conversion pricing linked to market conditions. Additionally, CID Holdco has granted resale registration rights and issued a $2 million commitment warrant to support the financing arrangement."
datetime: "2026-04-20T21:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283402375.md)
  - [en](https://longbridge.com/en/news/283402375.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283402375.md)
---

# CID Holdco Secures Up to $10 Million Equity Facility With White Lion Capital

CID Holdco announced a multi-part financing with White Lion Capital, including a $10 million on-demand equity facility running through December 31, 2028, up to $2.875 million of senior secured convertible notes (20% OID on $2.3 million proceeds), a resale Registration Rights Agreement, and a five-year commitment warrant for up to $2 million of shares. The equity facility features rapid purchase and VWAP-based draw options with ownership and exchange caps. The notes carry 8% interest, six-month maturities per tranche, and security interests subordinated to existing obligations, with conversion pricing tied to market VWAP and a $0.01 default conversion price upon certain events. The package is designed to expand liquidity, fund obligations, and provide flexibility while the company seeks shareholder approval and files required registrations.

**Agreement 1: CID Holdco Secures Up to $10 Million Equity Facility With White Lion Capital**

-   **Agreement type**: Common Stock Purchase Agreement providing up to $10 million equity facility
-   **Counterparty**: White Lion Capital
-   **Signed / Effective**: Apr 17 2026 / Apr 17 2026
-   **Duration / Termination**: Through Dec 31 2028
-   **Reason**: Enhance liquidity and funding flexibility

**Agreement 2: CID Holdco Arranges Up to $2.875 Million Senior Secured Convertible Notes**

-   **Agreement type**: Note Purchase Agreement and Senior Secured Convertible Notes up to $2.875 million (20% OID)
-   **Counterparty**: White Lion Capital
-   **Signed / Effective**: Apr 17 2026 / Apr 17 2026
-   **Duration / Termination**: Each tranche matures 6 months after funding
-   **Reason**: Provide working capital and bridge financing

**Agreement 3: CID Holdco Grants Resale Registration Rights to Support White Lion Financing**

-   **Agreement type**: Registration Rights Agreement for resale of shares under Form S-1
-   **Counterparty**: White Lion Capital
-   **Signed / Effective**: Apr 17 2026 / Apr 17 2026
-   **Duration / Termination**: At will
-   **Reason**: Enable resale and support capital access

**Agreement 4: CID Holdco Issues $2 Million Commitment Warrant at 99% of Market Price**

-   **Agreement type**: Common Stock Purchase Warrant for up to $2 million of shares
-   **Counterparty**: White Lion Capital
-   **Signed / Effective**: Apr 17 2026 / Apr 17 2026
-   **Duration / Termination**: 5 years
-   **Reason**: Incentivize and align investor support for financing

Original SEC Filing: CID Holdco, Inc. \[ DAIC \] - 8-K - Apr. 20, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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