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AITX Approves Increase in Authorized Common Shares to 27 Billion From 12 Billion
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AITX Approves Increase in Authorized Common Shares to 27 Billion From 12 Billion
  • Artificial Intelligence Technology Solutions’ board adopted resolutions October 20, 2026; CEO Steven Reinharz provided shareholder written consent the same day.
  • Authorized Common Stock will increase by 15,000,000,000 shares to 27,000,000,000 shares, providing flexibility for financing, debt conversions and other corporate purposes.
  • Reinharz controlled approximately 66.67% of total voting power through Series E Preferred Stock; no further shareholder approval is required.
  • The amendment takes effect upon Nevada’s acceptance of the filing, no earlier than 20 calendar days following initial mailing to shareholders.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artificial Intelligence Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049798), on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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