CID HoldCo to buy 100% of Envoy's outstanding capital stock
DAIC•CID HoldCo plans to buy all of Envoy's outstanding capital stock and issue 10,833,333 shares valued at $65 million, or $6 per share, a filing says.
1. Deal terms
CID HoldCo plans to buy 100% of Envoy's outstanding capital stock, according to a SEC filing. It will issue 10,833,333 shares valued at $65 million, or $6 per share. BladeRanger common stock from a Series C conversion is subject to a lock-up until April 1, 2027, or six months.
