other_material
confidence high
sentiment neutral
materiality 0.60
AITX enters $30M equity financing agreement with AIV Investments, replacing prior GHS deal
Artificial Intelligence Technology Solutions Inc.
- Terminated prior equity financing with GHS Investments LLC on June 16, 2025.
- New $30M equity financing with AIV Investments LLC for up to $30M of common stock over 24 months.
- Purchase price set at 80% of market price, or 85% if average closing price >= $0.01; 90% VWAP with $4 floor post up-list.
- Puts limited to $10k-$1.5M each, with 10 trading day minimum gap; AIV ownership capped at 4.99%.
- Registration rights agreement filed; agreement term through June 16, 2027.
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