Dot Ai completes USD 65 million all-stock acquisition of Envoy Technologies

Bitget2026/10/12 11:45

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Dot Ai, operating as CID Holdco, completed an all-stock acquisition of Envoy Technologies from BladeRanger valued at about $65 million.
Valuation used a $6.00-per-share reference price for Dot Ai common stock, paid in common stock and Series C Convertible Preferred Stock.
Envoy runs an electric-vehicle carsharing business across the U.S., focused on residential communities, hotels, resorts, and campus properties.
An amended $12.5 million convertible note held by Blink Charging remains outstanding, with conversion into Dot Ai common stock tied to conditions.
BladeRanger is expected to hold a majority of Dot Ai common stock on an as-converted basis following the conversions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CID Holdco Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610120745PRIMZONEFULLFEED9843824) on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Dot Ai completes USD 65 million all-stock acquisition of Envoy Technologies

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