With its $65 millio acquisitio of E voy, Dot Ai e te s the sha ed mobility ma ket, addi g a established elect ic ca sha i g se vice to its busi ess.
- Adds a established, eve ue-ge e ati g elect ic vehicle ca sha i g busi ess se vi g eside tial commu ities, hotels a d eso ts ac oss the U ited States
- Positio s Dot Ai to suppo t E voy’s g owth while exte di g its asset-i tellige ce tech ology i to sha ed mobility
With the acquisitio complete, Dot Ai ow ow s a established, eve ue-ge e ati g busi ess with a existi g custome base a d vehicles ope ati g ac oss the U ited States. E voy offe s all-elect ic ca sha i g as a o -site ame ity at eside tial commu ities, hotels, eso ts a d campus p ope ties ac oss the U ited States. Reside ts a d guests ese ve vehicles by the hou o day th ough the E voy app, while E voy ha dles i su a ce, mai te a ce a d day-to-day ope atio s. P ope ty ow e s gai a ew ame ity a d a pote tial ew eve ue st eam without buyi g o ma agi g vehicles themselves.
“Dot Ai has spe t yea s buildi g tech ology a ou d the moveme t a d i tellige ce of physical assets,” said Edmu d S. Nab otzky, Chief Executive Office of Dot Ai. “E voy expa ds ou each i to sha ed mobility, c eati g ew oppo tu ities to apply Dot Ai’s asset-i tellige ce tech ology i a g owi g ma ket. This closi g puts Dot Ai o a st o ge fou datio , add esses the stockholde s’ equity equi eme t i f o t of us with Nasdaq, a d gives us a platfo m we ca g ow.”
Nasdaq Listi g
Dot Ai believes that, followi g the acquisitio , it satisfies the $2.5 millio mi imum stockholde s’ equity equi eme t fo co ti ued listi g o The Nasdaq Capital Ma ket u de Nasdaq Listi g Rule 5550(b)(1). The Compa y will submit evide ce of complia ce to the Nasdaq Hea i gs Pa el, a d its co ti ued listi g emai s subject to the Pa el’s co fi matio . The closi g follows the Compa y’s settleme t of its se io secu ed debt a d ew wo ki g-capital fi a ci g, both completed i Septembe .
Positio ed to G ow
E voy’s model has bee deployed ac oss multiple ma kets; the oppo tu ity ow is scale. Dot Ai i te ds to focus o expa di g E voy’s fleet a d p ope ty footp i t – addi g eside tial, hospitality a d campus p ope ties i the U ited States a d, ove time, select i te atio al ma kets – a d towa d b i gi g Dot Ai’s asset-i tellige ce tech ology to E voy’s fleet, whe e t acki g, mo ito i g a d ma agi g vehicles is ce t al to the busi ess.
“Ca access is becomi g pa t of the ame ity package i the same way eside ts a d guests expect a gym, a pool o Wi-Fi,” said Shmulik Ya ay, CEO of BladeRa ge . “E voy has bee buildi g towa d that shift fo yea s. This t a sactio gives us a oppo tu ity to put that model i f o t of mo e ow e s a d ope ato s a d make sha ed mobility a much mo e commo pa t of the places people live a d stay.”
“What stood out to me about E voy is how much of the difficult wo k has al eady bee do e,” said Cha les Maddox, Chief Fi a cial Office a d Chief Ope ati g Office of Dot Ai. “The tech ology is built, custome s a e usi g it a d the model has bee deployed ac oss multiple ma kets. The questio was eve whethe E voy wo ks. With the acquisitio closed, ou focus tu s to fu di g that g owth a d putti g Dot Ai’s tech ology to wo k ac oss E voy’s fleet.”
T a sactio Summa y
Dot Ai acqui ed 100% of E voy f om BladeRa ge i excha ge fo sha es of Dot Ai commo stock a d Se ies C Co ve tible P efe ed Stock, valued at the $6.00 efe e ce p ice. E voy’s existi g $12.5 millio co ve tible ote, which was ame ded i co ectio with the closi g, emai s outsta di g a d will co ve t i to Dot Ai commo stock upo satisfactio of the applicable co ve sio co ditio s, i cludi g stockholde app oval a d effective ess of a esale egist atio stateme t, subject to ce tai exceptio s. The $65 millio t a sactio value i cludes the sha es issuable upo co ve sio of the co ve tible ote. Followi g those co ve sio s, BladeRa ge is expected to hold a majo ity of Dot Ai’s commo stock o a as-co ve ted basis, subject to applicable co ve sio limitatio s a d app ovals. Dot Ai i te ds to seek stockholde app oval fo the issua ce of commo stock upo co ve sio of the Se ies C Co ve tible P efe ed Stock, to the exte t equi ed u de applicable Nasdaq ules, a d the pa ties have ag eed to use easo able best effo ts to obtai such app oval by Ja ua y 31, 2027. Such app oval was ot a co ditio to closi g. The t a sactio was app oved by Dot Ai’s Special Committee of i depe de t di ecto s a d its Boa d of Di ecto s.
About Dot Ai (CID HoldCo, I c.)
Dot Ai (Nasdaq: DAIC) is a ambie t IoT a d asset-i tellige ce compa y. Its I dust ial B idge eade a d pate t-pe di g o -metal a d wet-e vi o me t a te a tech ology make batte y-f ee ambie t tags eadable i i dust ial a d outdoo co ditio s, a d its U.S. Pate t No. 11,017,189 cove s the vehicle-as- eade a chitectu e i which a movi g eade dy amically t acks movi g beaco s. Dot Ai se ves a i dust ial pa t e ecosystem. Fo mo e i fo matio , visit https://daic.ai.
About E voy Tech ologies, I c.
E voy is a elect ic vehicle fleet tech ology a d EV-sha i g compa y headqua te ed i Culve City, Califo ia, offe i g all-elect ic ca sha i g as a p emium ame ity fo eside tial, hospitality a d campus p ope ties. By pa t e i g with eal estate ow e s a d ope ato s, E voy t a sfo ms mobility i to a p emium p ope ty ame ity, educi g pa ki g dema d, cutti g elia ce o i dividual ca ow e ship, a d helpi g develope s meet the mome t o sustai ability a d u ba pla i g. E voy is a wholly ow ed subsidia y of Dot Ai (Nasdaq: DAIC).
Fo wa d-Looki g Stateme ts
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts i clude all stateme ts that a e ot histo ical facts, i cludi g stateme ts ega di g the a ticipated be efits of the acquisitio of E voy, i cludi g, fo example, the expected expa sio of the Compa y’s comme cial ope atio s a d ma ket p ese ce; oppo tu ities to i t oduce a d i teg ate Dot Ai’s asset-i tellige ce tech ology i to E voy’s existi g platfo m a d ope atio s; the pote tial expa sio of E voy’s elect ic vehicle ca sha i g busi ess i to additio al eside tial, hospitality, campus a d i te atio al ma kets; a ticipated eve ue oppo tu ities a d futu e g owth; the Compa y’s ability to successfully i teg ate E voy’s busi ess a d ope atio s; the Compa y’s belief ega di g its stockholde s’ equity a d its ability to egai a d mai tai complia ce with applicable Nasdaq listi g equi eme ts; the Compa y’s ability to obtai the equi ed stockholde app oval i co ectio with the t a sactio a d the a ticipated co ve sio s of the Se ies C p efe ed stock a d E voy co ve tible ote; a d the Compa y’s ability to suppo t E voy’s ope atio s a d expa sio . All fo wa d-looki g stateme ts a e based o Dot Ai’s cu e t expectatio s a d beliefs co ce i g futu e developme ts a d thei pote tial effects o the Compa y. Fo wa d-looki g stateme ts a e subject to isks a d u ce tai ties — i cludi g the isk that equi ed stockholde , Nasdaq, o egulato y app ovals may ot be obtai ed, that Nasdaq may ot accept the Compa y’s evide ce of complia ce with the stockholde s’ equity equi eme t, that the Compa y may ot successfully i teg ate E voy’s ope atio s, that a ticipated be efits a d sy e gies of the acquisitio may ot be ealized, that additio al fi a ci g may ot be available o acceptable te ms o at all, a d that the Compa y may be u able to egai o mai tai complia ce with applicable Nasdaq listi g equi eme ts — that could cause actual esults to diffe mate ially f om those exp essed i the fo wa d-looki g stateme ts. Reade s a e cautio ed ot to put u due elia ce o fo wa d-looki g stateme ts, a d Dot Ai assumes o obligatio to update o evise these fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts, o othe wise, except as equi ed by law.
Impo ta t I fo matio fo Stockholde s
I co ectio with the p oposed t a sactio s, the Compa y i te ds to file a p oxy stateme t with the SEC. The Compa y also pla s to file othe docume ts with the SEC ega di g the p oposed t a sactio s. Afte the p oxy stateme t has bee clea ed by the SEC, a defi itive p oxy stateme t will be filed with the SEC a d mailed to the stockholde s of eco d of the Compa y. The Boa d will set the eco d date p io to maili g the defi itive p oxy stateme t. STOCKHOLDERS OF THE COMPANY ARE URGED TO CAREFULLY READ THE PROXY STATEMENT (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER DOCUMENTS RELATING TO THE PROPOSED TRANSACTIONS THAT WILL BE FILED WITH THE SEC IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTIONS. Stockholde s will be able to obtai f ee copies of the p oxy stateme t a d othe docume ts co tai i g impo ta t i fo matio about the Compa y o ce such docume ts a e filed with the SEC, th ough the website mai tai ed by the SEC at http://www.sec.gov.
Pa ticipa ts i the Solicitatio
The Compa y a d its executive office s, di ecto s, othe membe s of ma ageme t a d employees may be deemed, u de SEC ules, to be pa ticipa ts i the solicitatio of p oxies f om the Compa y’s stockholde s with espect to the p oposed t a sactio s. I fo matio ega di g the executive office s a d di ecto s of the Compa y is set fo th i the Compa y’s defi itive p oxy stateme t fo the Compa y’s 2026 a ual meeti g of stockholde s filed with the SEC o Ap il 17, 2026 a d i the Compa y’s A ual Repo t o Fo m 10-K fo the fiscal yea e ded Decembe 31, 2025 filed with the SEC o Ma ch 11, 2026. Mo e detailed i fo matio ega di g the ide tity of pote tial pa ticipa ts, a d thei di ect o i di ect i te ests, by secu ities holdi gs o othe wise, will be set fo th i the p oxy stateme t a d othe mate ials to be filed with the SEC i co ectio with the t a sactio s co templated by the Pu chase Ag eeme t.
No Offe o Solicitatio
This p ess elease is ot a p oxy stateme t o solicitatio of a p oxy, co se t o autho izatio with espect to a y secu ities o i espect of the p oposed t a sactio s a d shall ot co stitute a offe to sell o a solicitatio of a offe to buy a y secu ities, o shall the e be a y sale of secu ities i a y state o ju isdictio i which such offe , solicitatio o sale would be u lawful p io to egist atio o qualificatio u de the secu ities laws of such state o ju isdictio . No offe of secu ities shall be made except by mea s of a p ospectus meeti g the equi eme ts of the Secu ities Act.
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