As KIDZ AI expa ds beyo d its co e EdTech busi ess i to AI i f ast uctu e a d Physical AI, the Compa y is explo i g oppo tu ities i eme gi g auto omous mobility applicatio s. U de the p oposed st ategy, KIDZ AI would focus o acqui i g auto omous vehicles, deployi g them i to comme cial se vice, a d ma agi g fleet ope atio s.
The Compa y believes auto omous vehicle fleets could ep ese t a pote tial capital deployme t oppo tu ity, with vehicles se vi g as eve ue-ge e ati g assets whe placed i to comme cial se vice. KIDZ AI i te ds to evaluate pote tial deployme ts based o vehicle acquisitio costs, ope ati g equi eme ts, ma ket co ditio s, egulato y co side atio s, a d pote tial eve ue oppo tu ities.
While the i itial p ocu eme t i qui y is focused o pote tial pa ticipatio i Tesla’s eme gi g Robotaxi ecosystem, KIDZ AI pla s to evaluate othe auto omous mobility platfo ms a d ope ato s as the ma ket develops. The Compa y also pla s to explo e additio al auto omous vehicle applicatio s beyo d passe ge Robotaxis.
The p oposed st ategy is cu e tly i a p elimi a y pla i g, evaluatio , a d pa t e explo atio phase. The p ocu eme t i qui y does ot co stitute a bi di g o de o gua a tee vehicle availability, allocatio o delive y, a d a y pote tial acquisitio emai s subject to applicable equi eme ts a d defi itive ag eeme ts. KIDZ AI may dete mi e ot to p oceed with this i itiative if it dete mi es it would ot be be eficial to the Compa y o fo a y othe easo i its sole disc etio . Acco di gly, the e is o assu a ce that KIDZ AI will p og ess this i itiative fu the .
KIDZ AI I c. (NASDAQ:KIDZ)(NASDAQ:KIDZW) is a AI-d ive educatio tech ology compa y developi g p op ieta y lea i g systems that combi e a tificial i tellige ce, AI age ts a d obotics. The Compa y is also pu sui g oppo tu ities i AI compute i f ast uctu e, GPU cloud platfo ms a d elated data-ce te ecosystems.
This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the safe ha bo p ovisio s of the U.S. P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts a e eithe histo ical facts o assu a ces of futu e pe fo ma ce. I stead, they a e based o ly o KIDZ AI’s cu e t beliefs, expectatio s a d assumptio s ega di g the futu e of KIDZ AI’s busi ess, futu e pla s a d st ategies, p ojectio s, a ticipated eve ts a d t e ds, the eco omy a d othe futu e co ditio s. Because fo wa d-looki g stateme ts elate to the futu e, they a e subject to i he e t u ce tai ties, isks a d cha ges i ci cumsta ces that a e difficult to p edict a d ma y of which a e outside of KIDZ AI’s co t ol i cludi g, but ot limited to: KIDZ AI’s ability to execute its busi ess model, i cludi g obtai i g ma ket accepta ce of its p oducts a d se vices; KIDZ AI’s ability to successfully expa d its busi ess i to elated a eas, i cludi g but ot limited to the auto omous fleet i dust y; KIDZ AI’s fi a cial a d busi ess pe fo ma ce, i cludi g fi a cial p ojectio s a d busi ess met ics a d a y u de lyi g assumptio s the eu de ; KIDZ AI’s ability to obtai a d deploy the GPUs a d elated equipme t ecessa y to pe fo m its obligatio s u de existi g ag eeme ts a d achieve its goals a d expected esults; KIDZ AI’s ability to mai tai the listi g of its secu ities o Nasdaq; cha ges i KIDZ AI’s st ategy, futu e ope atio s, fi a cial positio , estimated eve ue a d losses, p ojected costs, p ospects a d pla s; KIDZ AI’s ability to att act a d etai a la ge umbe of custome s; KIDZ AI’s futu e capital equi eme ts a d sou ces a d uses of cash; KIDZ AI’s ability to att act a d etai key pe so el; KIDZ AI’s expectatio s ega di g its ability to obtai a d mai tai i tellectual p ope ty p otectio a d ot i f i ge o the ights of othe s; cha ges i applicable laws o egulatio s; isks associated with i te atio al ope atio s, i cludi g political, egulato y, cu e cy a d e fo ceme t isks; a d the possibility that KIDZ AI may be adve sely affected by othe eco omic, busi ess, a d/o competitive facto s. These isks a d u ce tai ties also i clude those isks a d u ce tai ties i dicated i KIDZ AI’s fili gs with the SEC. KIDZ AI’s actual esults a d fi a cial co ditio may diffe mate ially f om those i dicated i the fo wa d-looki g stateme ts. The efo e, you should ot ely o a y of these fo wa d-looki g stateme ts.
A y fo wa d-looki g stateme t made by KIDZ AI i this p ess elease is based o ly o i fo matio cu e tly available to KIDZ AI a d speaks o ly as of the date o which it is made. KIDZ AI u de takes o obligatio to publicly update a y fo wa d-looki g stateme t, whethe w itte o o al, that may be made f om time to time, whethe as a esult of ew i fo matio , futu e developme ts o othe wise, except as equi ed by law.
