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Xiao-I CorpBullish
Xiao-I Corp reported a 90.96% year-over-year decline in revenue to $1.04 million for the first half of 2026, resulting in a net loss of $13.05 million. The company's revenue contraction, driven by intense market competition and strategic restructuring, has led to an accumulated deficit of $239.60 million and a working capital deficit of $99.62 million, raising substantial doubt about its ability to continue as a going concern.…more
Xiao-I Corp
Xiao-I Corporation is changing its ADS ratio from 1:60 to 1:420, which will have the effect of a 1-for-7 reverse ADS split. The change will become effective on September 8, 2026, and the exchange of existing ADSs for new ones will occur automatically for shareholders.…more
Xiao-I Corp
Streeterville Capital LLC has filed a SCHEDULE 13G/A regarding their beneficial ownership in Xiao-I Corp. This filing serves as an update to the investor's stake, and shareholders should note the reported changes in equity position.…more
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Xiao-I Announces 1-For-7 Reverse Stock Split
Xiao-I Corporation announced a change in its ADS ratio, effectively resulting in a 1-for-7 reverse stock split. The change is scheduled to become effective on September 8.…more
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Xiao-I Corporation has entered an agreement to issue a $4.33 million unsecured convertible note to an institutional investor for $4 million. The issuance of convertible debt introduces potential equity dilution for existing shareholders.…more
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Xiao-I has filed for the issuance of up to $4.33 million in ADSs following the conversion of its 2027 notes. This potential equity dilution may be viewed negatively by investors regarding share price impact.…more
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