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.
WHAT THE ROW LOOKED LIKE
LAST2.70
DAY▲ 23.9%
5 MIN▲ 34.33%
5M RVOL52.2×
5M $VOL$511K
FLOAT*1.2M
RANK#1
SESSIONAFTER-HOURS
* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
AI VERDICT
JUSTIFIEDCONFIDENCE5/5
DAIC 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-LUNA
FILINGS · 24H BEFORE THE MOVE
SESSION LEVELS AT CAPTURE
VWAP2.31
HOD2.77
LOD1.98
OR HIGH—
OR LOW—
PREV CLOSE2.18
PM HIGH—
PM LOW—
GAP▲ 0.92%
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO