DAICW

CID HoldCo, Inc. warrants are derivative securities entitling holders to purchase shares of the company's common stock at a predetermined exercise price. Each warrant allows the purchase of one share of common stock upon exercise, subject to the terms specified in the warrant agreement. These warrants were originally issued as part of the SPAC structure before the business combination with Sera Prognostics. The warrants trade independently and represent a leveraged way to gain exposure to the company's equity.