Why DAIC rose 23.9% on Sep 16 2026: convertible note
DAIC+23.9%on Wed Sep 16 2026
CID HoldCo, Inc. Common Stock was up 23.9% on the day at $2.70, ranked #1 on 52.2× its usual five-minute volume, when TapeRank recorded this spike at 17:32 ET during after hours.
THE DAY ON THE LIST · 1 EVENT
- 17:32 ETMOVER · AFTER-HOURS
$2.70 · ▲ 23.9% ON THE DAY · 52.2× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE5/5DAIC rose 25.2% on the day and accelerated 26.45% in five minutes after disclosing a $500,000 convertible note tied to a broader transaction. The filing is concrete but the note is financing rather than operating progress, while conversion at a discount and below-market potential creates clear dilution risk into the move.
WHYA 25% jump and 26% five-minute surge is large relative to a $500,000 convertible financing with no disclosed earnings or transaction economics, but the new filing is a concrete catalyst.ANALYZED 17:31 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 17:32 ET
LAST2.70DAY▲ 23.9%5 MIN▲ 34.33%5M RVOL52.2×5M $VOL$511KFLOAT*1.2MRANK#1SESSIONAFTER-HOURSVWAP2.31HOD2.77LOD1.98OR HIGH—OR LOW—PREV CLOSE2.18PM HIGH—PM LOW—GAP▲ 0.92%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $2.20, +0.9% on the previous close of $2.18
- 09:30 ETRegular-session high, $2.23
- 15:59 ETRegular-session low, $1.99
- 15:59 ETLast trade of the regular session, $1.99, -8.7% on the previous close of $2.18
- Volume: 140K shares in regular hours, 7K before the open
DAIC opened at $2.20, briefly reached $2.23, and then weakened through the regular session to finish at $1.99, with no trading halts. TapeRank found no filing or news explaining that regular-session decline; later, the stock moved to $2.70 and ranked #1 at 17:32 ET. TapeRank’s read tied the late acceleration to the 13:23 ET SEC 8-K, which disclosed a $500,000 convertible note connected to a broader transaction, while noting that the financing involved potential dilution through discounted, below-market conversion terms.
WRITTEN THU OCT 15 2026 17:50 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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