Vestiage announces name change to Loan Artificial Intelligence Corp. and 1-for-800 reverse stock split

Published 22/09/2025, 21:26
Vestiage announces name change to Loan Artificial Intelligence Corp. and 1-for-800 reverse stock split

Vestiage, Inc. (OTC:VEST) announced Monday that it will change its corporate name to Loan Artificial Intelligence Corp., implement a 1-for-800 reverse stock split, and update its trading symbol, according to a statement based on a recent SEC filing.

The changes were approved by the company’s board of directors and by written consent of the majority shareholder holding 91.7% of voting securities on June 2, 2025. The amended articles of incorporation were filed with the Secretary of State of Florida on September 15, 2025. The Financial Industry Regulatory Authority (FINRA) processed and announced the changes Monday, with an effective date in the market set for Tuesday.

Following the reverse stock split, every 800 shares of the company’s common stock will automatically combine into one new share, reducing the number of outstanding shares from approximately 363,578,236 to about 454,472. No fractional shares will be issued; instead, shareholders entitled to fractional shares will receive a cash payment based on the closing sales price of the company’s stock on the effective date.

The company’s shares will begin trading on a post-split basis under the temporary symbol “VESTD” for 20 business days. After this period, the symbol will change to “LAAI.” The CUSIP number for the common stock will also change to 92548W204.

Vestiage is incorporated in Florida and operates in the services-amusement and recreation services sector. The company’s principal executive offices are located in Admiralty, Hong Kong.

These actions were disclosed in a press release statement included with the company’s Form 8-K filing with the Securities and Exchange Commission.

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