Dot Ai signs LOI to sell portion of operating business for USD 6 million cash, assume up to USD 3 million liabilities

Cid Holdco Inc

Cid Holdco Inc

DAIC

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  • CID Holdco’s Dot Ai unit signed a non-binding LOI to sell part of its operating business for USD 6 million cash.
  • Deal includes buyer assumption of about USD 3 million of related liabilities; Dot Ai would retain certain operating units.
  • Buyer to fund a USD 500,000 secured convertible note as a down payment for exclusivity, subject to definitive documents and consents.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CID Holdco Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606100800ACCESSWRNAPR_____1174912) on June 10, 2026, and is solely responsible for the information contained therein.

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