Cloudastructure Announces Approval to List Common Shares on the Nasdaq Capital Market
Cloudastructure, a cloud-based video surveillance platform with AI and computer vision analytics, announced the approval of its Class A common shares for listing on the Nasdaq Capital Market under the ticker symbol CSAI. Trading is expected to commence on January 30, 2025.
The company is pursuing a direct listing approach, with Maxim Group serving as the exclusive financial advisor. To support shareholder communication, Cloudastructure plans to launch a new Investor Relations section on its website at investor.cloudastructure.com, which will provide stock information, press releases, shareholder meetings, and FAQs.
Cloudastructure, una piattaforma di videosorveglianza basata su cloud con analisi AI e visione artificiale, ha annunciato l'approvazione delle sue azioni ordinarie di Classe A per la quotazione sul Nasdaq Capital Market con il simbolo di borsa CSAI. Si prevede che le negoziazioni abbiano inizio il 30 gennaio 2025.
L'azienda sta perseguendo un approccio di quotazione diretta, con il Maxim Group in qualità di consulente finanziario esclusivo. Per supportare la comunicazione con gli azionisti, Cloudastructure prevede di lanciare una nuova sezione Relazioni con gli Investitori sul proprio sito web all'indirizzo investor.cloudastructure.com, che fornirà informazioni sulle azioni, comunicati stampa, riunioni degli azionisti e domande frequenti.
Cloudastructure, una plataforma de vigilancia por video basada en la nube con análisis de IA y visión por computadora, anunció la aprobación de sus acciones ordinarias de Clase A para cotizar en el Nasdaq Capital Market bajo el símbolo de ticker CSAI. Se espera que las operaciones se inicien el 30 de enero de 2025.
La empresa está siguiendo un enfoque de cotización directa, con Maxim Group como asesor financiero exclusivo. Para apoyar la comunicación con los accionistas, Cloudastructure planea lanzar una nueva sección de Relaciones con Inversores en su sitio web en investor.cloudastructure.com, que proporcionará información sobre acciones, comunicados de prensa, reuniones de accionistas y preguntas frecuentes.
클라우다스트럭처(Cloudastructure)는 AI 및 컴퓨터 비전 분석을 활용한 클라우드 기반 비디오 감시 플랫폼으로, CSAI라는 종목 코드로 Nasdaq Capital Market에 클래스 A 보통주의 상장이 승인되었음을 발표했습니다. 거래는 2025년 1월 30일에 시작될 예정입니다.
회사는 Maxim Group을 독점 재무 자문사로 두고 직접 상장 방식을 추구하고 있습니다. 주주 소통을 지원하기 위해 Cloudastructure는 investor.cloudastructure.com 웹사이트에 새롭게 투자자 관계 섹션을 개설할 계획이며, 여기서 주식 정보, 보도자료, 주주 회의 및 자주 묻는 질문을 제공할 것입니다.
Cloudastructure, une plateforme de surveillance vidéo basée sur le cloud avec des analyses d'IA et de vision par ordinateur, a annoncé l'approbation de ses actions ordinaires de classe A pour une cotation sur le Nasdaq Capital Market sous le symbole boursier CSAI. Le début des transactions est prévu pour le 30 janvier 2025.
La société adopte une approche de cotation directe, avec Maxim Group en tant que conseiller financier exclusif. Pour faciliter la communication avec les actionnaires, Cloudastructure prévoit de lancer une nouvelle section Relations Investisseurs sur son site web à l'adresse investor.cloudastructure.com, qui fournira des informations sur les actions, des communiqués de presse, des assemblées générales et des questions fréquemment posées.
Cloudastructure, eine cloudbasierte Videoüberwachungsplattform mit KI- und Computeranalysen, gab die Genehmigung ihrer Stammaktien der Klasse A zur Notierung am Nasdaq Capital Market unter dem Tickersymbol CSAI bekannt. Der Handel soll am 30. Januar 2025 beginnen.
Das Unternehmen verfolgt einen direkten Börsengang, wobei Maxim Group als exklusiver Finanzberater fungiert. Um die Kommunikation mit den Aktionären zu unterstützen, plant Cloudastructure die Einführung eines neuen Bereichs für Investor Relations auf seiner Website unter investor.cloudastructure.com, der Informationen zu Aktien, Pressemitteilungen, Hauptversammlungen und häufig gestellten Fragen bereitstellt.
- Secured approval for Nasdaq Capital Market listing
- Direct listing provides access to higher liquidity markets
- Company reports being on solid growth trajectory
- None.
Insights
Cloudastructure's upcoming Nasdaq listing marks a strategic move in the rapidly evolving AI surveillance market. The choice of a direct listing over a traditional IPO suggests confidence in their existing capital position while avoiding dilution and underwriting costs. This approach typically indicates strong fundamentals and reduces immediate pressure for quick returns.
The Nasdaq Capital Market listing is particularly noteworthy as it positions Cloudastructure alongside established tech peers while providing access to institutional investors. The timing is strategic, coinciding with heightened interest in AI-driven security solutions and increased enterprise spending on cloud-based surveillance systems.
Several factors make this listing significant:
- Enhanced liquidity and visibility in the world's premier tech-focused exchange
- Improved access to capital for potential M&A activities
- Strengthened position in competitive bidding for enterprise contracts
- Increased credibility with potential clients and partners
The establishment of a comprehensive IR website signals strong corporate governance practices and commitment to transparency - important elements for maintaining investor confidence in the emerging AI technology sector. This listing could catalyze Cloudastructure's market penetration strategy, particularly as organizations increasingly prioritize intelligent security solutions.
PALO ALTO, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (“we,” “us,” “our,” “Cloudastructure” or the “Company”), a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, today announced that its Class A common shares (the “common shares”) have been approved for listing on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “CSAI”. Cloudastructure common shares are expected to commence trading on Nasdaq on or about January 30, 2025.
“We are honored to have been approved for a direct listing of our shares on the Nasdaq Capital Market,” said James McCormick, Chief Executive Officer of Cloudastructure. “As a leader in intelligent security, Cloudastructure harnesses the power of AI-driven, cloud-based architecture to deliver adaptable, efficient, and cost-effective surveillance solutions across diverse industries. This direct listing offers us exposure to investors within the world’s most liquid and dynamic market. Importantly, it comes at a pivotal time for the Company as we are on a solid growth trajectory with a number of important upcoming milestones. Overall, the listing marks a new chapter for Cloudastructure, as we execute on our vision of becoming the definitive leader in AI-powered security solutions.”
Maxim Group LLC acted as the exclusive financial advisor to Cloudastructure in connection with the direct listing.
The Company also announced plans to launch a new Investor Relations section on its website https://investor.cloudastructure.com/. This dedicated section will serve as a central resource for shareholders, featuring information such as stock information, press releases, shareholder meetings, FAQs, and more.
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
Kathleen@cloudastructure.com.
(704) 574-3732
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com
FAQ
When will Cloudastructure (CSAI) start trading on Nasdaq?
What type of listing is Cloudastructure (CSAI) pursuing on Nasdaq?
What will be Cloudastructure's ticker symbol on Nasdaq?