STOCK TITAN

AITX to Transition to OTCID Market Classification

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Artificial Intelligence Technology Solutions (OTCPK:AITX) announces its transition to the newly established OTCID Market, effective July 2025. The company has maintained SEC filing compliance since 2019, exceeding current Pink Market requirements. Through its subsidiary Robotic Assistance Devices (RAD), AITX is disrupting the $50 billion security industry with AI-driven Solutions-as-a-Service, offering businesses 35%-80% cost savings compared to traditional security services. The company has a prospective sales pipeline including over 35 Fortune 500 companies and provides AI-based security solutions across multiple sectors including enterprise, government, transportation, and healthcare.

Artificial Intelligence Technology Solutions (OTCPK:AITX) annuncia la sua transizione al nuovo mercato OTCID, efficace da luglio 2025. L'azienda ha mantenuto la conformità alle normative SEC fin dal 2019, superando i requisiti attuali del Pink Market. Attraverso la sua controllata Robotic Assistance Devices (RAD), AITX sta cambiando il settore della sicurezza da 50 miliardi di dollari con soluzioni AI-driven in modalità Solutions-as-a-Service, offrendo alle aziende risparmi sui costi dal 35% all'80% rispetto ai servizi di sicurezza tradizionali. L'azienda sta sviluppando un pipeline di vendite potenziale che include oltre 35 aziende Fortune 500 e fornisce soluzioni di sicurezza basate su AI in diversi settori tra cui l'impresa, il governo, i trasporti e la sanità.

Artificial Intelligence Technology Solutions (OTCPK:AITX) anuncia su transición al recién establecido mercado OTCID, efectivo a partir de julio de 2025. La empresa ha mantenido el cumplimiento de los requisitos de presentación ante la SEC desde 2019, superando las exigencias actuales del Pink Market. A través de su filial Robotic Assistance Devices (RAD), AITX está revolucionando la industria de la seguridad de 50 mil millones de dólares con soluciones impulsadas por IA en el modelo Solutions-as-a-Service, ofreciendo a las empresas ahorros de costos del 35% al 80% en comparación con los servicios de seguridad tradicionales. La compañía cuenta con un pipeline de ventas prospectivo que incluye a más de 35 empresas Fortune 500 y proporciona soluciones de seguridad basadas en IA en múltiples sectores, incluyendo el empresarial, gubernamental, transporte y salud.

Artificial Intelligence Technology Solutions (OTCPK:AITX)는 2025년 7월부터 새로운 OTCID 시장으로의 전환을 발표했습니다. 이 회사는 2019년 이후 SEC 제출 준수를 유지하며 현재의 Pink Market 요구 사항을 초과하고 있습니다. 자회사인 Robotic Assistance Devices (RAD)를 통해 AITX는 500억 달러 규모의 보안 산업을 AI 기반의 서비스형 솔루션으로 혁신하고 있으며, 전통적인 보안 서비스에 비해 기업에 35%에서 80%까지 비용 절감을 제공합니다. 이 회사는 35개 이상의 Fortune 500 기업을 포함한 잠재적인 판매 파이프라인을 보유하고 있으며, 기업, 정부, 운송 및 의료 등 여러 분야에서 AI 기반 보안 솔루션을 제공합니다.

Artificial Intelligence Technology Solutions (OTCPK:AITX) annonce sa transition vers le nouveau marché OTCID, effectif à partir de juillet 2025. L'entreprise a maintenu sa conformité aux dépôts SEC depuis 2019, dépassant les exigences actuelles du marché Pink. Par l'intermédiaire de sa filiale Robotic Assistance Devices (RAD), AITX perturbe l'industrie de la sécurité de 50 milliards de dollars avec des solutions basées sur l'IA en mode Solutions-as-a-Service, offrant aux entreprises des économies de coûts allant de 35 % à 80 % par rapport aux services de sécurité traditionnels. L'entreprise dispose d'un pipeline de ventes prospectif incluant plus de 35 entreprises du Fortune 500 et fournit des solutions de sécurité basées sur l'IA dans plusieurs secteurs, notamment l'entreprise, le gouvernement, le transport et la santé.

Artificial Intelligence Technology Solutions (OTCPK:AITX) gibt seine Umstellung auf den neu gegründeten OTCID-Markt bekannt, der ab Juli 2025 wirksam ist. Das Unternehmen hat die Einhaltung der SEC-Vorgaben seit 2019 aufrechterhalten und übertrifft die aktuellen Anforderungen des Pink-Marktes. Durch seine Tochtergesellschaft Robotic Assistance Devices (RAD) disruptiert AITX die 50 Milliarden Dollar schwere Sicherheitsindustrie mit KI-gesteuerten Lösungen als Dienstleistung und bietet Unternehmen Einsparungen von 35 % bis 80 % im Vergleich zu traditionellen Sicherheitsdiensten. Das Unternehmen hat eine vielversprechende Vertriebspipeline, die mehr als 35 Fortune-500-Unternehmen umfasst und bietet KI-basierte Sicherheitslösungen in mehreren Sektoren an, darunter Unternehmen, Regierung, Verkehr und Gesundheitswesen.

Positive
  • Company maintains high-level SEC compliance and transparency standards
  • Potential cost savings of 35-80% for clients compared to traditional security services
  • Strong sales pipeline with over 35 Fortune 500 companies
  • In-house development of all AI technologies and software platforms
Negative
  • Remains on OTC markets rather than major exchange
  • Pending regulatory changes with new OTCID requirements not yet published

AITX Continues its Longstanding Commitment to Highest Levels of Compliance and Transparency

Detroit, Michigan, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions, announces its transition to the newly established OTCID Market, which will become effective in July 2025, at which time the OTC Markets Pink Current Market will become OTCID. The OTCID Market will formally recognize companies like AITX that meet the future OTCID current information reporting requirements, once established. AITX’s application to OTC Markets for the OTCID Market has been signed, filed and is up to date.

OTC Markets will publish the OTCID requirements later this year. AITX has an established history since 2019 of consistently meeting its informational requirements with OTC Markets by providing an even higher level of disclosure through the filing of its periodic reports and reports of material events with the Securities and Exchange Commission (the “SEC”) and will continue to do so through OTCID. SEC reports reflect greater disclosure requirements than the Pink Current system and the future OTCID market by adhering to rigorous SEC disclosure standards, including compliance with the Sarbanes-Oxley Act and filing reports that require detailed financial statements, management discussions, risk factors, and disclosures on material changes in company operations, legal proceedings, executive compensation, and strict corporate governance standards. Further, the Company’s SEC filings are subject to auditing (annual) and limited reviews (quarterly) by third-party auditors, ensuring accuracy and regulatory compliance. Additionally, SEC filers are required to disclose insider trading activity, executive compensation, and adhere to stricter corporate governance standards

“Transitioning to the OTCID Market reflects our continuing journey towards a potential uplisting to NASDAQ and reflects our commitment to transparency and to building trust within the investment community. AITX is dedicated to both compliance and growth as we work to bring long-term value to our shareholders,” said Steve Reinharz, CEO of AITX.

AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. 

RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.

AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.radsecurity.com, www.radcam.ai, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

###

Steve Reinharz
949-636-7060
@SteveReinharz


1 https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/


FAQ

When will AITX transition to the OTCID Market?

AITX will transition to the OTCID Market in July 2025, when the OTC Markets Pink Current Market becomes OTCID.

What cost savings does AITX's RAD technology offer compared to traditional security services?

AITX's RAD solutions provide cost savings of 35%-80% compared to traditional manned security guarding and monitoring models.

How many Fortune 500 companies are in AITX's sales pipeline?

AITX has a prospective sales pipeline of over 35 Fortune 500 companies.

What industries does AITX serve with its AI solutions?

AITX serves multiple industries including enterprises, government, transportation, critical infrastructure, education, and healthcare sectors.

ARTIFICIAL INTL SLTNS

OTC:AITX

AITX Rankings

AITX Latest News

AITX Stock Data

33.35M
11.91B
0%
Computer Hardware
Technology
Link
United States of America
Ferndale