Company: LAAI
Filing Date: 2025-07-02
Form Type: PRE 14C
Source: 0001683168-25-004891
Chunk: 12

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-07-02
Form: PRE 14C
Chunk 12
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 of the Reverse Stock Split would occur automatically on the Effective
Date without any action on the part of our stockholders. Our registered stockholders may hold some or all of their shares of Common Stock
electronically in book-entry form. These stockholders will not have stock certificates evidencing their ownership of shares of Common
Stock. They are, however, provided with a statement reflecting the number of shares of Common Stock registered in their accounts. Stockholders
who hold registered shares of our Common Stock in book-entry form do not need to take any action to receive post-split shares of our Common
Stock in registered book-entry form or the cash payment in lieu of any fractional share, if applicable. These stockholders will have their
pre-split shares exchanged automatically and an account statement will be mailed to them upon exchange indicating the number of post-split
shares of Common Stock owned by such stockholders. If a stockholder is entitled to a cash payment in lieu of a fractional share, a check
will also be mailed to such stockholders’ registered address as soon as practicable after the Reverse Stock Split becomes effective.
By signing and cashing this check, such stockholders will warrant that they owned the shares of our Common Stock for which they received
the cash payment.

Other Effects

The reverse stock split may result
in some shareholders owning “odd-lots” of fewer than 100 shares of Common Stock. Brokerage commissions and other costs of
transactions in odd-lots are generally somewhat higher than the costs of transactions in “round-lots” of even multiples of
100 shares.

Exchange of Stock Certificates and Payment for Fractional Shares

The combination
of and reduction in the number of shares of Common Stock as a result of the Reverse Stock Split would occur automatically on the Effective
Date without any action on the part of our stockholders and without regard to the date that stock certificates representing pre-split
shares of Common Stock are physically surrendered for new stock certificates representing post-split shares of Common Stock.

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There is not a requirement that
shareholders obtain a new or replacement share certificates. Each of the holders of record of shares of the Company’s Common Stock
that is outstanding on the effective date of the Reverse Stock Split may contact the Company’s transfer agent to exchange the certificates
for new certificates representing the number of whole shares of post-Reverse Stock Split Common Stock into which the existing shares of
Common Stock have been converted as a result of the Reverse Stock Split.

As soon as practicable
after the Effective Date,