Artificial Intelligence Technology Solutions, Inc. - Form 8-K Filing

This Form 8-K filing by Artificial Intelligence Technology Solutions, Inc. reports a correction regarding the effectiveness of their authorized share decrease. The company previously disclosed an approved reduction in authorized common stock from 27,500,000,000 to 12,000,000,000 shares, effective March 19, 2026. However, this reduction only became legally effective on July 15, 2026, when the Certificate of Amendment was accepted by the Nevada Secretary of State. The company inadvertently reflected the decrease in prior periodic reports (Form 10-K and 10-Q) before the official filing. The company will file amendments to these reports to correct the authorized share count. This administrative error is not believed to have affected previously reported financial statements, and a restatement is not deemed necessary. The company is evaluating its disclosure controls and procedures.