Company: LAAI
Filing Date: 2025-07-14
Form Type: DEF 14C
Source: 0001683168-25-005079
Chunk: 6

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-07-14
Form: DEF 14C
Chunk 6
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 Statement
by contacting us at the address set forth above. Conversely, if multiple shareholders sharing an address receive multiple Information
Statements and wish to receive only one, such shareholders can notify us at the address set forth above.

Information Regarding the Consent Actions

Reasons for Name Change

The board of directors believes
the change of our name from “Vestiage, Inc.” to “Loan Artificial Intelligence Corp.” will be in our best interests
as the new name better reflects our long-term strategy and identity.

Approval of Name Change

On June 2, 2025, the Board and
the Majority Shareholders executed and delivered to the Company a written consent approving the Name Change and the Amendment. Accordingly,
in compliance with the laws of the State of Florida and our bylaws a majority of the outstanding voting shares has approved the Amendment,
and no other vote or proxy is required of the shareholders.

Effect of the Name Change

The Name Change will only become
effective after we file Articles of Amendment with the Secretary of State of the State of Florida. Together with the Name change we intend
to change the trading symbol under which the shares of our Common Stock are traded in the OTC Markets. We will file Articles of Amendment
with the Secretary of State of the State of Florida at or immediately prior to FINRA’s announcement of our new name and trading
symbol. The Name Change will become effective thereafter upon announcement by FINRA of the effective date.

Effect on Stockholders

The Name Change will not affect
in any way the validity or transferability of stock certificates outstanding at the time of the Name Change, our capital structure, or
the trading of our common stock on OTC Markets (Pink Sheets). Following implementation of the Amendment, shareholders may continue to
hold their existing certificates or receive new certificates reflecting the Name Change by delivering their existing certificates to the
Company’s transfer agent. Shareholders should not destroy any stock certificates and should not deliver any stock certificates to
the transfer agent until after the effectiveness of the Name Change.

Reverse Stock Split

Our board of directors and the
Majority Shareholders approved and authorized an amendment to the Company’s Articles of Incorporation to effectuate a Reverse Stock
Split of the Company’s issued and outstanding shares of Common Stock in a ratio of 1-for 800.

The Company believes that implementation
of the Reverse Stock Split is desirable because it could improve the marketability and liquidity of our common stock and assist us in
attracting future investment capital. The timing of implementation of the Reverse