Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 55

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part II, Item 1
Chunk 55
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We are not a party to any material or legal proceeding,
and, to our knowledge, none is contemplated or threatened.

Item 1A. Risk Factors

We are a smaller reporting company
as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds

On December 29, 2022, the Company executed a Share
Exchange Agreement between VEST and Fun Fitness Corporation. On January 12, 2023, VEST acquired 100% of the issued stock, 1,000,000 shares
of Convertible Series A Preferred Stock in exchange for 500,000 shares of VEST restricted Common Stock. There were no proceeds exchanged
in this transaction.

Item 3. Defaults Upon Senior Securities

There have been no defaults upon senior securities.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

During the
quarter ended March 31, 2025, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement”
or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

Item 6. Exhibits

    Exhibit No.
     
    Description

    31.1
     
    Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
  
    31.2
     
    Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*
  
    32.1
     
    Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350*
  
    32.2
     
    Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350*

    101.INS
     
    Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)

    101.SCH
     
    Inline XBRL Taxonomy Extension Schema Document

    101.CAL
     
    Inline XBRL Taxonomy Extension Calculation Linkbase Document

    101.DEF
     
    Inline XBRL Taxonomy Extension Definition Linkbase