Recent Updates — KIDZ

KIDZ AI Inc. completed an additional closing under a Securities Purchase Agreement with Solana Growth Ventures LLC on September 17, 2026. The company issued and sold a senior secured convertible note with an original principal amount of $1,900,000 for aggregate funding of the same amount, net of placement agent fees and offering expenses. The Additional Note bears interest at 7% per annum, matures on September 17, 2028, and is convertible into Class B common stock at an initial conversion price of $3.672 per share. Interest is payable quarterly and may be paid in cash, added to principal, or paid in shares. The note ranks senior to existing and future indebtedness and is secured by a first priority perfected security interest in the company's collateral. KIDZ AI Inc. operates in the artificial intelligence industry, developing technology solutions.

KIDZ AI Inc. announced a 1-for-15 reverse stock split of its Class A and Class B common stock, effective August 13, 2026. The Board approved the ratio on July 21, 2026, following shareholder authorization at the June 10, 2026 annual meeting to allow a split between 1-for-2 and 1-for-50. The action aims to increase the per-share trading price and comply with Nasdaq’s minimum bid price requirement for continued listing. Fractional shares will be rounded up to the nearest whole share, and warrant exercise prices will adjust proportionally. KIDZ AI Inc. operates in the artificial intelligence education technology sector, developing proprietary learning systems that combine AI agents and robotics.

KIDZ AI Inc. through its subsidiary Catalyst Compute LLC entered into a 60-month enterprise AI compute services agreement with Canopy Wave, Inc. for an aggregate contract value of $44,626,944. The agreement involves the deployment of 256 NVIDIA HGX B300 GPUs across 32 specialized GPU nodes to provide GPU processing services. KIDZ AI Inc. is an AI-driven education technology company expanding into AI compute infrastructure and GPU cloud platforms.

KIDZ AI Inc. held its annual meeting of stockholders on June 10, 2026, where shareholders approved several key proposals. These included increasing authorized Class B common stock to 2,500,000,000 shares, approving share issuances to Solana Growth Ventures LLC, and authorizing a reverse stock split of Class A and Class B common stock at a ratio between 1-for-2 and 1-for-50 to be determined by the Board. Additionally, stockholders approved the future sale of up to 500,000 Class A shares to CEO Hui Luo at 150% of the prevailing Class B market price and elected five directors: Hui Luo, Yan Zhang, Tracy Xia, Mona Liang, and Amanda Chang. KIDZ AI Inc. is an artificial intelligence company.