Company: LAAI
Filing Date: 2025-07-02
Form Type: PRE 14C
Source: 0001683168-25-004891
Chunk: 5

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-07-02
Form: PRE 14C
Chunk 5
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 having preference
over the Common Stock. The Company’s Common Stock has no pre-emptive rights, no conversion rights and there are no redemption provisions
applicable to the Company’s Common Stock.

Convertible Series D Preferred Stock

Holders of shares of the Company’s
Series D Preferred Stock shall be entitled to vote on any and all matters considered and voted upon by the Company’s Common Stock.
The holders of shares of Series D Preferred Stock are entitled to 1,000 votes for each one (1) share of Series D Preferred Stock. Holders
of shares of the Company’s Series D Preferred Stock are not entitled to receive any dividends in any amount during the period in
which the shares are outstanding. In the event of any liquidation, dissolution or winding up of the Company, the holders of shares of
Series D Preferred Stock shall be entitled to receive, prior and in preference to the holders of shares of Common Stock an amount equal
to $0.001 per share. Each share of Series D Preferred Stock shall be convertible, at the option of the holder, into 1,000 shares of Common
Stock.

Majority Shareholders

The Actions were approved by an
Action by Written Consent of shareholders holding 305,000,000 shares of Common Stock, representing 84% of the issued and outstanding shares
of our Common Stock, and 300,000 shares of Convertible Series D Preferred Stock which represent an additional 300,000,000 votes for an
aggregate total equivalent to 91.7% of the total voting equity of the Company (the “Majority Shareholders”).

Expenses

The cost of preparing and furnishing
this Information Statement will be borne by the Company. We may request brokerage houses, nominees, custodians, fiduciaries, and other
like parties to forward this Information Statement to the beneficial owners of our Common Stock and Convertible Series D Preferred Stock
held on the Record Date.

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Stockholders Sharing an Address

We will deliver, or cause to
be delivered, only one copy of this Information Statement to multiple shareholders sharing an address, unless we have received contrary
instructions from one or more of the shareholders. We undertake to promptly deliver, or cause to be promptly delivered, upon written or
oral request, a separate copy of this Information Statement to a shareholder at a shared address to which a single copy of this Information
Statement is delivered. A shareholder can notify us that the shareholder wishes to receive a separate copy of this Information Statement