Artificial Intelligence Technology Solutions Inc. 8-K

What Happened
Artificial Intelligence Technology Solutions Inc. (AITX) filed a Current Report on Form 8-K on March 16, 2026 stating it will issue a press release titled "AITX Cancels Previously Proposed Authorized Share Increase Following Reverse Stock Split." The press release is attached to the 8-K as Exhibit 99.1. The filing reports the company is canceling a previously proposed increase in its authorized shares in connection with its reverse stock split.

Key Details

• 8-K filed: March 16, 2026.
• Press release title: "AITX Cancels Previously Proposed Authorized Share Increase Following Reverse Stock Split" (attached as Exhibit 99.1).
• Action announced: cancellation of a previously proposed authorized share increase (no share counts or ratios provided in the 8-K).
• The filing includes the Interactive Data File (Exhibit 104) embedded in the Inline XBRL document.

Why It Matters
A proposed increase in authorized shares, if approved, would allow a company to issue more shares and could lead to future dilution. By canceling the proposed increase, AITX is indicating that it will not expand its authorized share pool as previously proposed, which is a concrete corporate action investors should note. The 8-K itself provides limited detail; investors should read the attached press release (Exhibit 99.1) for full context and monitor further filings or company communications for any additional disclosures.