Artificial Intelligence Technology Solutions, Inc. Files S-3 To Raise Up To $30 Million
Amount Raised
$30 Million
Round Type
Funding Round
Description
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today filed a Form S-3 with the Securities and Exchange Commission that provides details on the company’s intent to raise up to $30 million over the next 36 months. The company is setting aside 350 million shares for this raise, approximately 8.75% of the number of existing outstanding shares of common stock. Once the Form S-3 has been declared effective by the SEC, the company can raise new funds at what many consider to be the lowest cost to the company and therefore of the greatest benefit to existing shareholders.
Quick answer
Artificial Intelligence Technology Solutions raised $30 Million in a Funding Round round, dated September 2, 2021. Artificial Intelligence Technology Solutions is based in Detroit, Michigan, United States.
- How much did Artificial Intelligence Technology Solutions raise?
- Artificial Intelligence Technology Solutions raised $30 Million in a Funding Round round on September 2, 2021.
- What does Artificial Intelligence Technology Solutions do?
- Artificial Intelligence Technology Solutions, Inc. (AITX) is a technology company that focuses on the research, development, and sales of artificial intelligence solutions.
- Where is Artificial Intelligence Technology Solutions based and how big is it?
- Artificial Intelligence Technology Solutions is based in Detroit, Michigan, United States. Fundz records about 11 employees.
Source: Fundz verified event record.
Who else raised in Security and Software around the same time
Companies in the same sectors as Artificial Intelligence Technology Solutions that raised within 45 days of this round, from Fundz verified event records.
Who to call at Artificial Intelligence Technology Solutions, and when
A new round usually means Artificial Intelligence Technology Solutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Artificial Intelligence Technology Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Artificial Intelligence Technology Solutions, from your own LinkedIn network
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Fundz sees it the moment Artificial Intelligence Technology Solutions raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Artificial Intelligence Technology Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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