other
confidence high
sentiment neutral
materiality 0.60
Reverse stock split 100-for-1 processed; board cancels authorized share increase
Artificial Intelligence Technology Solutions Inc.
- FINRA processed a 100-for-1 reverse stock split on March 12, 2026.
- Board voted unanimously to abandon the proposed 3.8B share authorized increase.
- Authorized common shares remain 27.5B; preferred 20M, unchanged.
- Definitive Information Statement filed March 2, 2026 for the increase is now moot.