Why DAIC rose 22.4% on Sep 29 2026: envoy acquisition
DAIC+22.4%on Tue Sep 29 2026
CID HoldCo, Inc. Common Stock was up 22.4% on the day at $3.99, ranked #1 on 61.3× its usual five-minute volume, when TapeRank recorded this spike at 07:06 ET during the pre-market session.
THE DAY ON THE LIST · 1 EVENT
- 07:06 ETMOVER · PRE-MARKET
$3.99 · ▲ 22.4% ON THE DAY · 61.3× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE5/5DAIC is up 13.5% to $3.70, with a sharp 14.9% five-minute burst, after announcing a definitive agreement to acquire Envoy. The transaction assigns Envoy a $65 million reference valuation and adds convertible preferred stock and common shares, making the catalyst concrete while also creating substantial issuance risk.
WHYA 13.5% move on a signed $65 million acquisition is proportionate to the disclosed transaction, although the planned issuance of 10.83 million shares is large relative to the 1.2 million-share float proxy.ANALYZED 07:05 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 07:06 ET
LAST3.99DAY▲ 22.4%5 MIN▲ 19.46%5M RVOL61.3×5M $VOL$1.1MFLOAT*1.2MRANK#1SESSIONPRE-MARKETVWAP3.69HOD3.95LOD3.15OR HIGH—OR LOW—PREV CLOSE3.26PM HIGH3.95PM LOW3.15GAP▲ 17.48% (indicated)* 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 $2.97, -8.9% on the previous close of $3.26
- 10:29 ETRegular-session high, $3.27
- 15:30 ETRegular-session low, $2.79
- 15:59 ETLast trade of the regular session, $2.85, -12.6% on the previous close of $3.26
- Volume: 584K shares in regular hours, 1.6M before the open
DAIC opened at $2.97, below the previous close, after TapeRank had ranked it #1 at $3.99 in premarket trading. TapeRank’s read tied the earlier move to the company’s announced agreement to acquire Envoy, assigning Envoy a $65 million reference valuation while adding convertible preferred stock and common shares; the 8-K filing disclosed the material definitive agreement and related exhibits. With no halts, the stock reached $3.27 at 10:29 ET, then reversed to a $2.79 low at 15:30 ET before ending the regular session at $2.85, down 12.6% from the previous close.
WRITTEN THU OCT 15 2026 17:58 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
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