Company: LAAI
Filing Date: 2025-07-14
Form Type: DEF 14C
Source: 0001683168-25-005079
Chunk: 17

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-07-14
Form: DEF 14C
Chunk 17
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 respect to clause (c) above,
we believe we are not currently and do not anticipate becoming a U.S. real property holding corporation. However, because the determination
of whether we are a U.S. real property holding corporation depends on the fair market value of our U.S. real property interests relative
to the fair market value of our non-U.S. real property interests and our other business assets, there can be no assurance that
we are not a U.S. real property holding corporation or will not become a U.S. real property holding corporation in the future. Even if
we are or were to become a U.S. real property holding corporation, gain realized with respect to cash received in lieu of a fractional
share by a non-U.S. holder will not be subject to U.S. federal income tax if our common stock is “regularly traded,”
as defined by applicable Treasury Regulations, on an established securities market.

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Non-U.S. holders should consult their
own tax advisors regarding the application of the foregoing rules to their particular circumstances.

Information Reporting and Backup Withholding

Payments of cash made in
lieu of a fractional share of our Common Stock may, under certain circumstances, be subject to information reporting and “backup
withholding.” To avoid backup withholding, each holder of our shares of Common Stock that does not otherwise establish an exemption
should furnish its taxpayer identification number and comply with the applicable certification procedures. Backup withholding is not an
additional tax, and amounts withheld may be allowed as a credit against the holder’s U.S. federal income tax liability and may entitle
such holder to a refund, provided the required information is timely furnished to the IRS. Holders of Common Stock should consult their
own tax advisors regarding their qualification for an exemption from backup withholding and the procedures for obtaining such an exemption.

<div align='center'>Security Ownership of Certain Beneficial Owners</div>

The following
table sets forth, as of June 2, 2025 and as of the Record Date, certain information with respect to the beneficial ownership of our common
and preferred shares by each stockholder, or group of affiliated persons, known by us to be the beneficial owner of more than 5% of our
common and preferred shares, as well as by each of our current directors and executive officers, and our directors and executive officers
as a group. Each person has sole voting and investment power with respect to the shares of Common Stock and Series D Preferred Stock,
except as otherwise indicated.