PALO ALTO, Calif., July 28, 2026 (GLOBE NEWSWIRE) —
Followi g the eve se stock split, the Commo Stock will co ti ue to t ade o the Nasdaq Capital Ma ket u de the symbol “CSAI,” with a ew CUSIP umbe of 18912E306. No f actio al sha es will be issued i co ectio with the eve se stock split. A y f actio al sha es will be ou ded up to the ea est whole sha e. P opo tio ate adjustme ts will be made to the umbe of sha es of Commo Stock issuable upo the exe cise o co ve sio of the Compa y’s outsta di g equity awa ds, wa a ts a d othe co ve tible secu ities, as well as to the applicable exe cise o co ve sio p ices.
The eve se stock split is i te ded to i c ease the pe sha e t adi g p ice of the Commo Stock i o de to egai a d mai tai complia ce with the $1.00 mi imum bid p ice equi eme t fo co ti ued listi g o the Nasdaq Capital Ma ket u de Nasdaq Listi g Rule 5550(a)(2). The Compa y’s t a sfe age t, T a sfe O li e, I c., is acti g as excha ge age t fo the eve se stock split. Stockholde s holdi g sha es i book-e t y fo m o th ough a ba k, b oke o othe omi ee a e ot equi ed to take a y actio i co ectio with the eve se stock split.
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Ce tai stateme ts i this p ess elease may be co side ed fo wa d-looki g. A y fo wa d-looki g stateme t exp essi g a expectatio o belief as to o e o mo e futu e eve ts is exp essed i good faith a d believed to be easo able. Howeve , these stateme ts a e ot gua a tees of futu e eve ts a d i volve isks, u ce tai ties a d othe facto s beyo d ou co t ol i cludi g ou ability to effect the eve se stock split o the expected te ms a d withi the expected timef ame, whethe the eve se stock split will have the i te ded effect of i c easi g the pe sha e t adi g p ice of ou Commo Stock o e abli g us to egai a d mai tai complia ce with Nasdaq’s mi imum bid p ice equi eme t, a d ge e al ma ket a d eco omic co ditio s. We cautio you agai st elyi g o a y of the fo wa d-looki g stateme ts i this elease, as actual outcomes a d esults may diffe mate ially f om what is exp essed i a y fo wa d-looki g stateme t. Except as equi ed by applicable law, we do ot i te d to update a y of the fo wa d-looki g stateme ts to co fo m them to actual esults o evised expectatio s.
