Company: LAAI
Filing Date: 2025-07-14
Form Type: DEF 14C
Source: 0001683168-25-005079
Chunk: 7

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-07-14
Form: DEF 14C
Chunk 7
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 Stock Split will be determined by the Company’s
board of directors.

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The Reverse Stock Split will become
effective after filing an amendment to our Articles of Incorporation with the Florida Secretary of State (the “Reverse Stock Split
Amendment”), and upon announcement by FINRA of the effective date. The exact timing of the filing of the Reverse Stock Split Amendment
and the Reverse Stock Split will be determined by our Board based on its evaluation as to when such action will be the most advantageous
to the Company and our stockholders. In addition, our Board would have, and reserves, the right, notwithstanding stockholder approval
and without further action by our stockholders, to abandon the filing of the Reverse Stock Split Amendment and the Reverse Stock Split
if, at any time prior to the effectiveness of the filing of the Reverse Stock Split Amendment with the Secretary of State of the State
of Florida, our Board, in its sole discretion, determines that it is no longer in our best interest and the best interests of our stockholders
to proceed.

The Company believes that the
increased market price of our Common Stock expected as a result of implementing the Reverse Stock Split could improve the marketability
and liquidity of our Common Stock and will encourage interest and trading in our Common Stock. Theoretically, the number of shares outstanding
and the per share price should not, by themselves, affect the marketability of our Common Stock, the type of investor who acquires them,
or our reputation in the financial community. However, in practice, this is not necessarily the case, as many investors look upon low-priced
stocks as unduly speculative in nature and, as a matter of policy, avoid investment in such securities. Our board of directors is aware
of the reluctance of many leading brokerage firms to recommend low-priced stocks to their clients. Further, a variety of brokerage house
policies and practices tend to discourage individual brokers within those firms from dealing in low-priced stocks. The structure of trading
commissions tends to have an adverse impact upon holders of low-priced stocks because the brokerage commission on a sale of such securities
generally represents a higher percentage of the sales price than the commission on a relatively higher-priced issue.

The Reverse Stock Split is intended,
in part, to result in a price level for our Common Stock that will increase investor interest and eliminate the resistance of brokerage
firms. No assurances can be given that the market price for our Common Stock will increase in the same proportion as the Reverse Stock
Split or,