Dot Ai Announces Delisting Notice and Intention of Appeal

Having received a Staff Determination of delisting, the Company signals their intention to appeal as they pursue strategic alternatives to remain compliant.

CID HoldCo, Inc. (Nasdaq: DAIC) (“Dot Ai” or the “Company”), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced that on August 6, 2026, it received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that Nasdaq’s staff had determined to delist the Company’s common stock, par value $0.0001 per share (the “Common Stock”), from Nasdaq pursuant to Nasdaq Listing Rule 5450(b)(2)(A) because the Company did not satisfy the minimum Market Value of Listed Securities (“MVLS”) requirement of $50 million. The notification is referred to herein as the “Staff Determination”. The company is pursuing strategic alternatives to address the deficiencies.