CID Holdco to acquire Envoy in $65 million stock deal with BladeRanger

Bitget2026/09/29 11:03

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CID Holdco entered a purchase agreement to acquire Envoy Technologies from BladeRanger, which owns 100% of Envoy.
Consideration set at $65 million, paid in 10,833,333 shares valued at a $6.00 reference price per share.
BladeRanger to receive 233,543 common shares, plus 8,433,123 shares of newly authorized Series C convertible preferred stock.
Envoy’s $12.5 million convertible promissory noteholder to receive 2,166,667 Series C preferred shares upon signing a joinder agreement.
Closing targeted for Oct. 6, 2026, subject to conditions including required Israeli and Tel Aviv Stock Exchange approvals.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-104296), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CID Holdco to acquire Envoy in $65 million stock deal with BladeRanger

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