Company: LAAI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006093
Chunk: 9

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 2022, the number
of shares and all rights, privileges and restrictions of the Series of Preferred Stock were cancelled.

Common Stock

The Company is authorized to issued 500,000,000
shares of common stock.

     10 

On June 2, 2025, the Company’s board of
directors and the shareholders holding a majority of the voting power of the Company approved by written consent, the changing the name
of the Company from “Vestiage, Inc.” to “Loan Artificial Intelligence Corp.” and a reverse stock split of all
of the issued and outstanding shares of Common Stock of the Company on a 1-for-800 basis, such that each issued and outstanding 800
shares of Common Stock shall become 1 share of Common Stock (the “Reverse Stock Split”). 

On August 25, 2023, a change in control of the
Company occurred by virtue of the Company’s largest shareholder sold 300,000 shares of the Convertible Series D Preferred Stock
and issued 381,250 shares of Restricted Common Stock to Well Profit Holdings Limited.

On January 12, 2023, the Company issued 625 shares
of common stock pursuant to a Share Exchange Agreement for the acquisition of Fun Fitness Corporation.

On June 6, 2022, Ms. Keaveney was compensated
for her role as custodian of the Company with 625 shares of common stock.

NOTE 5 – RELATED PARTY TRANSACTIONS

On June 6, 2022, Ms. Keaveney, former director
and officer of the Company, was compensated for her role as custodian with 300,000 shares of Convertible Preferred D Series Stock and
625 shares of common stock for total amount of $32,950. The shares were issued in the name of Small Cap Compliance, LLC.

Ms. Keaveney and Small Cap Compliance, LLC, (a
company owned by Ms. Keaveney) also advanced working capital to the Company in the amount of $9,520 to pay for expenses of the Company
for the year ended December 31, 2022; and $46,207 in 2023, for a total due of $55,727. On August 25, 2023, the
outstanding amounts were transferred to Mr. Raymond Fu upon change of control of the Company.

Mr. Raymond Fu, director and officer of the Company,
have advanced working capital to pay for expenses of the Company for the years ended