AITX approves increase in authorized common shares to 27 billion from 12 billion
AITX•Artificial Intelligence Technology Solutions’ board approved increasing authorized common shares by 15 billion, to 27 billion from 12 billion. CEO Steven Reinharz provided written shareholder consent, and the amendment takes effect after Nevada accepts the filing, no earlier than 20 calendar days after the initial mailing to shareholders.
1. Share authorization increase
Artificial Intelligence Technology Solutions’ board adopted resolutions on October 20, 2026, to increase authorized common stock by 15 billion shares, to 27 billion from 12 billion. CEO Steven Reinharz provided written shareholder consent the same day and controlled approximately 66.67% of total voting power through Series E Preferred Stock, so no further shareholder approval is required. The amendment takes effect upon Nevada’s acceptance of the filing, no earlier than 20 calendar days following the initial mailing to shareholders.
