Financing ·
AIAI establishes $200M equity line of credit with B. Riley Principal Capital II
AIAIAIAI Holdings Corp
AIAI Holdings Corporation entered into a Common Stock Purchase Agreement with B. Riley Principal Capital II on September 18, 2026, establishing an equity line of credit allowing the company to sell up to $200 million of newly issued Class A common stock at its sole discretion over a 36-month period following the effectiveness of a resale registration statement. The purchase price is based on the volume weighted average price (VWAP) less a 3% discount, with sales capped at 19.99% of outstanding shares unless specific price or shareholder approval conditions are met. To secure this commitment, AIAI issued 182,927 'Commitment Shares' valued at approximately $600,000 (0.3% of the total capacity) to B. Riley Principal Capital II upon execution. The company intends to use net proceeds for working capital and general corporate purposes. AIAI Holdings Corporation operates in the artificial intelligence sector.