CID HoldCo, Inc. filed a current report on Form 8-K dated October 23, 2026, disclosing the appointment of Avi Cohen to its Board of Directors and a Nasdaq Hearings Panel decision granting the company's request for continued listing on Nasdaq.

Key Highlights

  • New director appointed: Avi Cohen, age 73, was appointed to fill an existing vacancy in Class I of the Board on October 23, 2026, to serve until the 2029 Annual Meeting of Stockholders.
  • BladeRanger designation: Cohen was designated by BladeRanger Ltd. (TASE: BLRN) pursuant to its rights under the Purchase Agreement related to the Envoy Technologies acquisition.
  • Independent director status: The Board determined that Cohen qualifies as an independent director under applicable Nasdaq Listing Rules and the Sarbanes-Oxley Act of 2002, as amended.
  • Nasdaq continued listing granted: On October 28, 2026, the Nasdaq Hearings Panel granted the company's request for continued listing, subject to an application to transfer to The Nasdaq Capital Market on or before November 2, 2026.
  • Delinquent filing resolved: The Panel noted the company had filed its delinquent Quarterly Report for the quarter ended June 30, 2026 and completed the acquisition of Envoy Technologies.
  • Compensation arrangement: Cohen will participate in the company's standard compensatory arrangements for non-employee directors, including standard equity compensation.

Cohen's Appointment and the Envoy Acquisition Background

According to the filing, CID HoldCo, Inc. (NASDAQ:DAIC), a Delaware corporation headquartered in Las Vegas, Nevada, closed the acquisition of Envoy Technologies, Inc. on October 9, 2026. Under the terms of the Purchase Agreement, the company acquired 100% of Envoy's outstanding capital stock in exchange for shares of Common Stock and shares of a newly authorized Series C Convertible Non-Redeemable Preferred Stock, making Envoy a wholly owned subsidiary. BladeRanger Ltd., a party to that agreement, exercised its contractual right to designate a director to the Board.

The filing states that Cohen brings public and private company board experience across the semiconductor technology, investigative analytics, and corporate investment strategy sectors. He has served as Chairman of ZOOZ Strategy Ltd. (NASDAQ and TASE: ZOOZ) since May 2021, as a board member of Cognyte Software Ltd. (NASDAQ: CGNT) since June 2023, and as a board member of Nova Ltd. (NASDAQ and TASE: NVMI) since 2008. The filing also notes that Cohen previously served as chief executive officer of RR Media in 2015 until its acquisition by SES S.A. in 2016, and subsequently as chief executive officer of MX1 from 2016 until 2021. He holds a B.S. and M.S. in Electrical Engineering and Applied Physics from Case Western Reserve University and an MBA from the Stanford Graduate School of Business.

The filing discloses that the Nominating and Corporate Governance Committee evaluated Cohen's qualifications and independence before recommending his appointment. The company also stated that there are no relationships or related party transactions between the company and Cohen that would require disclosure under Item 404(a) of Regulation S-K.

What Was Disclosed

CID HoldCo disclosed the October 23, 2026 appointment of Avi Cohen to Class I of its Board, his background and existing board roles, and the Nasdaq Hearings Panel's October 28, 2026 decision granting continued listing subject to a transfer application deadline of November 2, 2026.