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GridAI Technologies Corp.
Manpreet Uppal resigned as a member of the Board of Directors of GridAI Technologies Corp., effective October 19, 2026. The company stated that the resignation was not the result of any disagreement regarding the company's operations, policies, or practices.…more
GridAI Technologies Corp.
GridAI Technologies Corp. received SEC effectiveness approval for its registration statement on October 19, 2026. This approval allows the company to officially proceed with the issuance and offering of the securities detailed in the filing.…more
GridAI Technologies Corp.
GridAI Technologies has registered for the resale of up to 9,908,766 shares of common stock related to private placements conducted in May and July 2026. As of June 30, 2026, the company reported an accumulated deficit of approximately $224.9 million and negative working capital of $11.8 million, with independent auditors expressing substantial doubt about its ability to continue as a going concern. While the company holds $1.4 million in cash, its annual burn rate of $7.8 million poses a risk of operational cessation or bankruptcy if additional financing is not secured.…more
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GridAI Technologies Reports Q2 Loss of $2.01 Per Share
GridAI Technologies reported a quarterly loss of $2.01 per share, significantly widening from the $0.23 loss in the same period last year. Quarterly sales were reported at $85,876, highlighting ongoing profitability challenges.…more