Note 3 – Reverse Stock Split 

On May 12, 2026, at the Company’s annual meeting of stockholders, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation authorizing the Board of Directors (the “Board”) to effect one or more reverse stock splits of the Company’s common stock at a ratio ranging from 1-for-10 to 1-for-25, with the exact ratio to be determined by the Board in its sole discretion. The Board subsequently approved a 1-for-25 reverse stock split (the “Reverse Stock Split”).

On May 27, 2026, the Company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Reverse Stock Split. The Reverse Stock Split became effective at 4:01 p.m. Eastern Time on May 29, 2026. The Company’s common stock began trading on a split-adjusted basis on The Nasdaq Stock Market LLC at the market open on June 1, 2026 under the existing trading symbol “DAIC” and a new CUSIP number of 171756208.

As a result of the Reverse Stock Split, every 25 shares of common stock issued and outstanding or held as treasury stock immediately prior to the effective time were automatically reclassified and combined into one share of common stock, without any action required by the respective stockholders. The Reverse Stock Split reduced the number of shares of common stock outstanding from approximately 30.26 million shares to approximately 1.21 million shares. The par value of the Company’s common stock remained unchanged at $0.0001 per share, and the Reverse Stock Split did not affect the number of shares of common stock authorized under the Company’s Certificate of Incorporation. 

No fractional shares were issued in connection with the Reverse Stock Split. Any fractional shares resulting from the Reverse Stock Split were rounded down to the nearest whole share, and stockholders were entitled to receive cash in lieu of such fractional shares based on the fair value of the Company’s common stock immediately prior to the effective time, as determined by the Board. In connection with the settlement of fractional shares, the Company paid a de minimus amount to stockholders.

The Reverse Stock Split did not affect the Company’s total assets, total liabilities, or total stockholders’ equity, except for the immaterial effect of cash paid in lieu of fractional shares. The reduction in the par value of issued and outstanding common stock resulting from the reduction in the number of shares outstanding was reclassified to additional paid-in capital. All share and per-share amounts presented in the accompanying condensed consolidated financial statements and related notes have been retrospectively adjusted, where applicable, to reflect the Reverse Stock Split.