FAQ Reverse Split-2

1. Has the reverse stock split been completed?

Yes.

On March 12, 2026, AITX’s 100-for-1 reverse stock split was processed by FINRA and has now taken effect.

Under the reverse split:
• Every 100 shares became 1 share
• The share price adjusted proportionally
• The total number of shares outstanding was reduced accordingly
‍
The adjustment changes the number of shares held and the per-share price while maintaining the same ownership percentage immediately after the split.

2. What happened to the proposed authorized share increase?

The authorized share increase will not move forward.

On March 2, 2026, the Company filed a Definitive Information Statement proposing an increase of 3.8 billion authorized shares.

Following completion of the reverse split, the AITX Board of Directors unanimously voted not to proceed with that proposal.

As a result, the Company's authorized share count remains unchanged.

3. What is AITX’s authorized share structure now?

The Company's authorized capitalization remains:

27,520,000,000 total authorized shares

Consisting of:

• 27,500,000,000 shares of common stock

• 20,000,000 shares of preferred stock

This is the same authorized structure that existed prior to the proposed increase.

4. Why was the authorized share increase cancelled?

Once the reverse split was completed, the Board determined that the additional authorized shares were no longer necessary.

Canceling the proposal reflects the Company’s intent to manage its capital structure responsibly while continuing to focus on operational execution.

5. Why did AITX complete the reverse split?

The reverse split was undertaken as part of the Company's structural repositioning strategy, which includes working toward higher market tiers and improved corporate structure over time.

Objectives associated with this type of structural action can include:

• improving market positioning,

• meeting eligibility requirements of higher trading tiers,

• strengthening corporate structure,

• aligning with long-term reporting and compliance standards.

The reverse split itself does not change the Company's underlying business operations, revenue, or products.

6. Does the reverse split change the Company’s business or technology?

No.
‍
AITX continues to operate as an AI-driven security and automation technology company through its subsidiaries, including Robotic Assistance Devices (RAD).
The Company continues to focus on expanding deployments of solutions such as:
‍
• autonomous security devices
• AI monitoring technologies
• automation platforms designed to reduce labor costs and improve safety.

7. Why do companies sometimes use reverse stock splits?

Reverse splits are a structural capital market tool used by public companies for several reasons, including:

• aligning with exchange or market tier requirements,
• improving market positioning,
• adjusting share structure following long periods of dilution,
• preparing for future strategic initiatives.

Reverse splits do not guarantee positive outcomes, but they can be part of broader corporate
restructuring and positioning strategies.

8. What should investors focus on going forward?

While capital structure adjustments can attract attention, long-term value ultimately depends on operational execution.
‍
Investors should watch for:
• revenue growth
• expansion of deployed devices
• recurring monthly revenue (RMR)
• progress toward operational positive cash flow
• continued product adoption.

9. What is the Company focused on now?

Following completion of the reverse split, AITX management is focused on:
‍
• expanding deployments of its AI-driven security technologies,
• improving operational efficiency,
• growing recurring revenue streams,
• and continuing to strengthen the Company’s overall corporate structure.

FORWARD-LOOKING STATEMENTS AND RISK DISCLOSUREIMPORTANT NOTICE REGARDING THE PROPOSED REVERSE STOCK SPLIT
‍
This communication by Artificial Intelligence Technology Solutions, Inc. (the “Company”) contains "forward-looking statements" within the meaning of the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these statements by words such as "anticipate," "believe," "plan," "expect," "intend," "will," "should," "could," or similar expressions. These statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied.The proposed reverse stock split is currently described in a Preliminary Information Statement filed with the SEC. Under federal securities laws, the Company must wait at least 10 calendar days before filing a Definitive Information Statement. There is no guarantee that the SEC will not issue "comment letters" or raise objections to the filing, which could delay or prevent the split entirely. Additionally, implementation of the reverse stock split, including the issuance of a new CUSIP number and ticker symbol, is subject to the review and processing of FINRA under Rule 6490. FINRA has the authority to issue a Deficiency Determination and refuse to process the corporate action if it finds the disclosure is incomplete, inaccurate, or if it perceives promotional activity. This communication is based on management’s intent and are not a guarantee that the split will be approved by regulators or implemented as planned. We urge you to read the Preliminary Information Statement on Schedule 14C and the forthcoming Definitive Information Statement carefully once available on the SEC's website (www.sec.gov), as they contain important information about the Company and the proposed reverse stock split. Because the Company’s Common Stock trades on the OTC Markets (currently under the symbol “AITX”, the Company must submit the reverse stock split as a corporate action to FINRA for processing in accordance with FINRA Rule 6490 and related requirements under SEC Rule 10b-17. Please be further advised that the Reverse Stock Split will not be reflected in trading or stockholder accounts until FINRA processes the corporate action and the Effective Time occurs (following the Nevada Reverse Stock Split filing and the 20-day waiting period under Rule 14c-2). There is no assurance that FINRA will process the reverse split.All content on this website, including but not limited to text, graphics, logos, images, software, and design elements, is the property of AITX and is protected by United States and international copyright laws. Unauthorized reproduction, distribution, or use of any content from this website is strictly prohibited without prior written consent from AITX.

ARCHIVED FAQs

Archived FAQS

AITX Retail Investor FAQ

Reverse Split and OTCQB Uplisting