Class B Common Stock, $0.0001 par value per share
- Symbol
- KIDZ
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 7.01, 9.01 · 8-K
KIDZNASDAQEQUITYCurrent
Item 7.01. Regulation FD Disclosure. On July 27, 2026, KIDZ AI Inc. (the “Company”) issued a press release discussing an open letter to shareholders of the Company addressing management’s view of an apparent disconnect between the Company’s current share price and certain other fundamental information relating to the Company. The press release is included as Exhibit 99.1 hereto.…
Press release in this filing
KIDZ AI Issues Shareholder Letter Addressing Disconnect Between Current Share Price and Fundamentals →We are an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the JOBS Act. As such, we are eligible to take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not “emerging growth companies” including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), reduced disclosure obligations regarding executive compensation in their periodic reports and proxy statements, and exemptions from the requirements of holding a non-binding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.
KIDZ AI INC. · 8-K · Filed 2026-07-27
EX-99.1 2 kidz_ex991.htm PRESS RELEASE kidz_ex991.htm EXHIBIT 99.1 KIDZ AI Issues Shareholder Letter Addressing Disconnect Between Current Share Price and Fundamentals Net Cash of $13.7 Million - Approximately 3x Market Capitalization; Share Repurchases Underway, with Intent to Accelerate and Expand the Program to $3.0 Million; GPU Compute Revenue Expected to Begin in Q4 2026 Net cash position of approximately $13.7 million — cash and USDC stablecoin holdings, less notes payable— or approximately $1.25 per share as of July 24, 2026, based on unaudited management estimates. At the July 24, 2026 closing price of $0.4191 per share, the Company’s net cash position represented approximately 3 times its total market capitalization of approximately $4.6 million — with no value attributed to the operating business or contracted revenue. The Company has commenced repurchases under its previously authorized $2.0 million share repurchase program and intends to seek Board authorization to increase the program by 50%, to $3.0 million, and to accelerate the pace of repurchases — subject to market conditions, applicable law and trading window restrictions. Previously announced 60-…
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