{"filing":{"accession_number":"0001493152-26-043456","cik":"0002096362","ticker":"AIAI","company_name":"AIAI Holdings Corp","form":"8-K","filing_date":"2026-09-21","report_date":"2026-09-18","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2096362/000149315226043456/form8-k.htm"},"events":[{"id":33834,"run_id":31137,"accession_number":"0001493152-26-043456","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"AIAI Holdings entered into a Common Stock Purchase Agreement with B. Riley Principal Capital II granting the Company the right to sell up to $200 million of newly issued Class A common stock over 36 months under an at-the-market arrangement, subject to an Exchange Cap limitation of 14,125,485 shares (19.99% of outstanding), representing material potential dilution to existing shareholders.","company_name":"AIAI Holdings Corp","ticker":"AIAI","filing_date":"2026-09-21","form":"8-K","submitted_at":null,"items":[{"id":37382,"accession_number":"0001493152-26-043456","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"AIAI Holdings entered into a Common Stock Purchase Agreement with B. Riley Principal Capital II granting the Company the right to sell up to $200 million of newly issued Class A common stock over 36 months. This is a classic at-the-market (ATM) or equity line of credit arrangement where the Company retains discretion to issue shares at market prices with a 3% discount. The filing explicitly notes the Exchange Cap limitation of 14,125,485 shares (19.99% of outstanding), indicating material dilution concerns. The structure and magnitude ($200M commitment) are characteristic of dilutive equity issuances used by smaller-cap companies to raise capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T10:07:46.567911+00:00","company_name":"","ticker":null,"filing_date":""},{"id":37383,"accession_number":"0001493152-26-043456","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses unregistered sales of equity securities under a Purchase Agreement, relying on Section 4(a)(2) exemption. The filing explicitly references Item 1.01 (which typically covers material acquisitions or transactions), indicating a structured equity issuance. Unregistered equity sales—particularly those tied to a Purchase Agreement—are characteristic of dilutive issuances such as private placements or PIPE transactions, which are material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T10:07:46.567911+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":37382,"accession_number":"0001493152-26-043456","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"AIAI Holdings entered into a Common Stock Purchase Agreement with B. Riley Principal Capital II granting the Company the right to sell up to $200 million of newly issued Class A common stock over 36 months. This is a classic at-the-market (ATM) or equity line of credit arrangement where the Company retains discretion to issue shares at market prices with a 3% discount. The filing explicitly notes the Exchange Cap limitation of 14,125,485 shares (19.99% of outstanding), indicating material dilution concerns. The structure and magnitude ($200M commitment) are characteristic of dilutive equity issuances used by smaller-cap companies to raise capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T10:07:46.567911+00:00","company_name":"AIAI Holdings Corp","ticker":"AIAI","filing_date":"2026-09-21"},{"id":37383,"accession_number":"0001493152-26-043456","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses unregistered sales of equity securities under a Purchase Agreement, relying on Section 4(a)(2) exemption. The filing explicitly references Item 1.01 (which typically covers material acquisitions or transactions), indicating a structured equity issuance. Unregistered equity sales—particularly those tied to a Purchase Agreement—are characteristic of dilutive issuances such as private placements or PIPE transactions, which are material to investors assessing ownership dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T10:07:46.567911+00:00","company_name":"AIAI Holdings Corp","ticker":"AIAI","filing_date":"2026-09-21"}]}
