Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 38

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 38
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 interests are held in
FFC, and the disposal is not classified as a discontinued operation due to the absence of a strategic shift in operations.

Prior to the disposal,
Vestiage’s subsidiary, FFC, was involved in the fitness event planning industry. FFC’s services included competition planning,
vendor management, securing equipment, and coordinating food and volunteers for events. FFC also organized holiday and new member celebrations
for local gyms.

Opportunities may come
to the Company’s attention from various sources, including our management, our stockholders, professional advisors, securities broker
dealers, venture capitalists and private equity funds, members of the financial community and others who may present unsolicited proposals.
At this time, the Company has no plans, understandings, agreements, or commitments with any individual or entity to act as a finder in
regard to any business opportunities. While it is not currently anticipated that the Company will engage unaffiliated professional firms
specializing in business acquisitions, reorganizations or other such transactions, such firms may be retained if such arrangements are
deemed to be in the best interest of the Company. Compensation to a finder or business acquisition firm may take various forms, including
one-time cash payments, payments involving issuance of securities (including those of the Company), or any combination of these or other
compensation arrangements. Consequently, the Company is currently unable to predict the cost of utilizing such services.

The Company has not restricted
its search to any particular business, industry, or geographical location. In evaluating a potential transaction, the Company analyzes
all available factors and make a determination based on a composite of available facts, without reliance on any single factor.

It is not possible at
this time to predict the nature of a transaction in which the Company may participate. Specific business opportunities would be reviewed
as well as the respective needs and desires of the Company and the legal structure or method deemed by management to be suitable would
be selected. In implementing a structure for a particular transaction, the Company may become a party to a merger, consolidation, reorganization,
tender offer, joint venture, license, purchase and sale of assets, or purchase and sale of stock, or other arrangement the exact nature
of which cannot now be predicted. Additionally, the Company may act directly or indirectly through an interest in a partnership, corporation
or other form of organization. Implementing such structure may require the merger, consolidation, or reorganization of the Company with
other business organizations and there is no assurance that the Company