CID HoldCo shares drop 13.45% intraday as heavy trading attributed to micro-cap market dynamics, no adverse events reported.

CID HoldCo, Inc. (Nasdaq: DAIC) fell 13.45% intraday as the company addressed recent heavy trading activity, stating there were no undisclosed adverse events or equity dilution transactions. The firm attributed the surge in trading volume to typical market dynamics and liquidity conditions common in micro-cap securities, emphasizing no changes to its operating outlook. Despite ongoing commercial strategy execution and plans for a near-term business update, the lack of material news and heightened volatility in its stock likely pressured shares. The company reiterated its focus on disciplined capital management and long-term value creation but did not provide immediate catalysts to offset the intraday selloff.