Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 13

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 which is made available to the Company. This due diligence review
will be conducted either by our management or by third parties we may engage. We anticipate that we may rely on the issuance of our common
stock in lieu of cash payments for services or expenses related to any analysis.

We may incur time and
costs required to select and evaluate our business structure and complete our business plan, which cannot presently be determined with
any degree of certainty. Any costs incurred with respect to the indemnification and evaluation of a prospective business that is not ultimately
completed may result in a loss to the Company. These fees may include legal costs, accounting costs, finder’s fees, consultant’s
fees and other related expenses. We have no present arrangements for any of these types of fees.

We anticipate that the
investigation of specific business opportunities and the negotiation, drafting and execution of relevant agreements, disclosure documents
and other instruments will require substantial management time and attention and substantial cost for accountants, attorneys, consultants,
and others. Costs may be incurred in the investigation process, which may not be recoverable. Furthermore, even if an agreement is reached
for the participation in a specific business opportunity, the failure to consummate that transaction may result in a loss to the Company
of the related costs incurred.

As of the time of this filing, the Company has
not implemented a business combination. Our business plan is to merge with, or acquire, an operating entity that offers product or service
growth potential. We are actively looking for a suitable merger candidate and evaluating potential target companies that align with our
business plan. This will require review of financials, products and management of the merger candidate. We anticipate the review process
could take up to 30 days after a viable candidate is located.

 15 

Results of Operations

The financial statements appearing elsewhere in
this report have been prepared assuming the Company will continue as a going concern. The Company was recently formed and has not established
sufficient operations or revenues to sustain the Company. These conditions raise substantial doubt about the Company’s ability to
continue as a going concern.

The following table provides selected balance
sheet data for our Company at March 31, 2025 (unaudited) and December 31, 2024:

    March 31,  2024 
    December 31,  2024
  
    Balance Sheet Data 

    Cash 
    $–  
    $– 
  
    Total Assets 
     –