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AITX Board Scraps Planned Authorized Share Increase

Story Highlights
  • The company proposed a major authorized share increase on March 2, 2026.
  • After a 100-for-1 reverse split on March 12, 2026, the board canceled the increase, keeping authorized shares unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AITX Board Scraps Planned Authorized Share Increase

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The latest update is out from Artificial Intelligence Technology Solutions ( (AITX) ).

Artificial Intelligence Technology Solutions operates in the technology sector, but this disclosure did not specify its primary products, services, or particular market focus.

On March 2, 2026, the company filed a Definitive Information Statement with the SEC seeking approval to increase its authorized shares by 3.8 billion, but after a 100‑for‑1 reverse stock split was processed by FINRA on March 12, 2026, the board unanimously voted the same day not to proceed with the authorized share increase, leaving total authorized capitalization at 27,520,000,000 shares, including 27,500,000,000 common and 20,000,000 preferred shares, which limits immediate dilution relative to the earlier proposal and clarifies the capital structure for shareholders.

The most recent analyst rating on (AITX) stock is a Sell with a $0.01 price target. To see the full list of analyst forecasts on Artificial Intelligence Technology Solutions stock, see the AITX Stock Forecast page.

Spark’s Take on AITX Stock

According to Spark, TipRanks’ AI Analyst, AITX is a Neutral.

The score is primarily weighed down by stressed financial fundamentals—deep losses, persistent negative equity, and continued cash burn—despite strong recent revenue growth and solid gross margin. Corporate updates are consistently positive (repeat orders, product expansion, and recurring-license strategy), but technical signals are largely unavailable and valuation metrics are limited due to negative earnings.

To see Spark’s full report on AITX stock, click here.

More about Artificial Intelligence Technology Solutions

Technical Sentiment Signal: Sell

Current Market Cap: $10.71M

Learn more about AITX stock on TipRanks’ Stock Analysis page.

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