Chai ma a d CEO Be Kapla a d I depe de t Di ecto Ma k C oske y accepted equity i satisfactio of amou ts owed by the Compa y, educi g liabilities a d i c easi g thei alig me t with AIBotics sha eholde s
MIAMI, Oct. 30, 2026 (GLOBE NEWSWIRE) — AIBotics, I c. (OTCID: AIBT) (“AIBotics” o the “Compa y”) AIBotics, I c. (OTCID: AIBT) (“AIBotics” o the “Compa y”) today a ou ced that Chai ma a d Chief Executive Office Be Kapla a d i depe de t di ecto Ma k C oske y have co ve ted debt owed to them by the Compa y i to sha es of AIBotics commo stock, demo st ati g thei co fide ce i the Compa y’s lo g-te m p ospects. While the t a sactio s i c eased the umbe of commo sha es outsta di g, they also elimi ated co espo di g liabilities, st e gthe ed the Compa y’s bala ce sheet a d fu the alig ed the i te ests of its leade ship with those of sha eholde s.
Rathe tha equi i g the Compa y to satisfy the obligatio s i cash, Kapla a d C oske y ag eed to accept sha es of AIBotics commo stock i satisfactio of amou ts owed to them by the Compa y.
The t a sactio s co ve t existi g Compa y liabilities i to sha eholde s’ equity a d educe co espo di g obligatio s o AIBotics’ bala ce sheet. No ew cash was aised by the Compa y as a esult of these co ve sio s.
AIBotics oted that i vesto s mo ito i g the Compa y’s sha e st uctu e may see a i c ease i sha es outsta di g a d assume that the sha es we e issued as pa t of a ew fi a ci g t a sactio . I this i sta ce, howeve , the i c ease eflects the co ve sio of existi g obligatio s owed to a office a d di ecto i to equity.
While the issua ce of additio al sha es i c eases the Compa y’s total sha es outsta di g, the t a sactio s simulta eously elimi ate the co espo di g liabilities f om the Compa y’s bala ce sheet.
“We u de sta d that sha eholde s pay close atte tio to cha ges i ou sha e st uctu e, a d we believe it is impo ta t to explai what is behi d this pa ticula i c ease,” said Be Kapla , Chai ma a d Chief Executive Office of AIBotics. “These sha es we e ot issued as pa t of a ew outside fi a ci g. Ma k a d I accepted equity fo amou ts that AIBotics al eady owed us, allowi g the Compa y to elimi ate those obligatio s athe tha use cash to satisfy them.”
Kapla co ti ued, “I believe accepti g equity fu the alig s ou i te ests with those of ou sha eholde s. We a e choosi g to pa ticipate i the futu e of AIBotics as sha eholde s athe tha emai c edito s of the Compa y. We believe that speaks to ou co fide ce i the Compa y’s lo g-te m di ectio a d the oppo tu ities we a e wo ki g to develop.”
The co ve sio s a e pa t of AIBotics’ b oade effo t to st e gthe its fi a cial positio as the Compa y adva ces its st ategy i AI-e abled obotics, auto omous systems, u ma ed tech ologies a d elated comme cial a d dual-use applicatio s.
AIBotics has ece tly a ou ced a umbe of st ategic i itiatives a d t a sactio s i te ded to b oade its tech ology po tfolio a d establish ope ati g platfo ms capable of suppo ti g the Compa y’s lo ge -te m g owth st ategy.
AIBotics, I c. is a global tech ology compa y buildi g a platfo m a ou d AI-e abled obotics, auto omous systems a d i tellige t automatio . The Compa y focuses o applyi g adva ced tech ologies to eal-wo ld e vi o me ts th ough st ategic pa t e ships, tech ology developme t a d i te atio al ma ket elatio ships. AIBotics seeks to ide tify, develop, impleme t, a d scale solutio s that imp ove how machi es ope ate, automate busi ess p ocesses, a d exte d the p actical applicatio of a tificial i tellige ce i to the physical wo ld. Th ough a scalable, pa t e ship-d ive model, AIBotics is buildi g a dive sified obotics a d auto omous-systems platfo m desig ed to suppo t comme cial, i dust ial a d othe missio -d ive applicatio s ac oss global ma kets. Fo mo e i fo matio o AIBotics, visit www.aibotics.ai
This elease co tai s fo wa d-looki g stateme ts ega di g Ult obotix’s p elimi a y ma ufactu i g obotics evaluatio , pote tial pilots o deployme t, its sepa ate AI Food Tech ologist p oof of co cept, PHILL developme t, t adema k p otectio , ma ufactu i g a d comme cializatio , NovaCo e ope atio s, the p oposed Empulse acquisitio a d busi ess expa sio . Ult obotix’s ma ufactu e elatio ship is explo ato y a d o -bi di g; AIBotics is ot a pa ty. Ult obotix’s AI tech ology emai s ea ly-stage a d is sepa ate f om AIBotics’ obotics evaluatio ole. No pilot, equipme t pu chase, deployme t, PHILL lau ch o eve ue is assu ed. Results may diffe mate ially due to tech ical, egulato y, fi a cial, i tellectual-p ope ty, ope atio al a d custome -adoptio isks. Fo wa d-looki g stateme ts speak o ly as of thei date a d a e subject to the Compa y’s SEC disclosu es.
David L. Kugelma Atla ta Capital Pa t e s, LLCOffice: (404) 856-9157Toll F ee: (866) 692-6847Mobile a d WhatsApp: (404) 281-8556dk@atlcp.com
