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Cloudastructure, Inc. Approves 2024 Equity Incentive Plan

Story Highlights
  • Cloudastructure adopted an amended 2024 Equity Incentive Plan, adding 2 million shares.
  • Stockholders approved key proposals, including board election and share issuance authorization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cloudastructure, Inc. Approves 2024 Equity Incentive Plan

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The latest announcement is out from Cloudastructure, Inc. Class A ( (CSAI) ).

On June 27, 2025, Cloudastructure, Inc. announced the adoption of an amended and restated 2024 Equity Incentive Plan, which increases the number of shares available for issuance by 2,000,000. This plan was approved by stockholders at the annual meeting on September 5, 2025. Additionally, the stockholders elected Ruba Qashu to the Board of Directors, ratified the appointment of Bush & Associates CPA LLP as the independent registered public accounting firm, and authorized the issuance of additional shares of Series 2 Convertible Preferred Stock.

The most recent analyst rating on (CSAI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Cloudastructure, Inc. Class A stock, see the CSAI Stock Forecast page.

Spark’s Take on CSAI Stock

According to Spark, TipRanks’ AI Analyst, CSAI is a Underperform.

Cloudastructure, Inc. faces significant financial instability with negative equity and ongoing losses, despite strong revenue growth. The technical indicators suggest potential downward price momentum and high volatility, making the stock a risky investment. Valuation metrics highlight the company’s challenges in achieving profitability, further weighing down the overall attractiveness of the stock.

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

More about Cloudastructure, Inc. Class A

Average Trading Volume: 344,909

Technical Sentiment Signal: Strong Sell

Current Market Cap: $25.42M

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

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