Core AI Prices ~$5.4M Registered Direct Offering Of 1,969,444 Shares And 3,975,000 Pre-Funded Warrants At Implied Price Of ~$0.91 Per Unit

Core Al

Core Al

CHAI

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Core AI Holdings, Inc. (NASDAQ: CHAI) ("Core AI" or the "Company"), a global AI infrastructure and technology platform, today announced that it has entered into a securities purchase agreement with a new fundamental

Core AI Holdings, Inc. (NASDAQ:CHAI) ("Core AI" or the "Company"), a global AI infrastructure and technology platform, today announced that it has entered into a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of the Company's 1,969,444 common shares and 3,975,000 pre-funded warrants for an aggregate price of approximately $5.4 million before deducting commissions and expenses of the offering. The Company plans to use the proceeds from the offering for advancement of its AI technology and infrastructure initiatives, and general working capital purposes.

The closing of the offering is expected to occur on or about June 11, 2026, subject to the satisfaction of customary closing conditions.