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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 13, 2024
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-55079 |
|
27-2343603 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
10800
Galaxie Avenue
Ferndale,
MI 48220
(Address
of principal executive offices)
(877)
787-6268
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
When
used in this Current Report on Form 8-K, unless otherwise indicated, the terms the “Company,” “our,” or “we”
refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.
Item
8.01 Other Events
On
June 13, 2024, we will be issuing a press release titled “AITX’s RAD-R Opens Applications for RADCam™ Beta Test Program”,
which press release is attached hereto as Exhibit 99.1.
The
information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1)
is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section,
nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained
herein.
ITEM
9.01. EXHIBITS
Exhibit
No. |
|
Description |
|
|
|
99.1 |
|
June 13, 2024 Press Release |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
June 13, 2024 |
ARTIFICIAL
INTELLIGENCE TECHNOLOGY SOLUTIONS INC. |
|
|
|
|
|
/s/
Steven Reinharz |
|
Name: |
Steven
Reinharz |
|
Title: |
Chief
Executive Officer |
Exhibit
99.1
AITX’s
RAD-R Opens Applications for RADCam™ Beta Test Program
Join
the Revolution: RADCam Beta Test Program Opens for Applications
Detroit,
Michigan, June 13, 2024 – Artificial Intelligence Technology Solutions Inc. (the “Company”) (OTCPK:AITX),
a global leader in AI-driven security and productivity solutions, is excited to announce the launch of the Beta Test Program for RADCam,
the first production home security camera from its subsidiary, RAD Residential Inc. (RAD-R). This innovative product is designed to reimagine
home security with the power of AITX’s proprietary Autonomous Intelligent Response (AIR™) technology.
RADCam
is not just another home security camera; it is a groundbreaking solution that integrates AITX’s AIR technology. This “talking”
security camera offers intelligent, human-like responses and real-time monitoring to ensure the highest level of security for homes.
By leveraging advanced AI capabilities, RADCam can detect, analyze, and respond to potential threats autonomously, providing homeowners
with unparalleled security and peace of mind.
Why
Become a RADCam Beta Tester?
As
a RADCam Beta Tester, you will have the unique opportunity to be among the first to experience the future of home security. Participants
will:
|
● |
Experience
Cutting-Edge Technology: Get hands-on with RADCam’s innovative features, including real-time alerts, intelligent threat
detection, and autonomous response capabilities. |
|
● |
Contribute
to Product Development: Provide valuable feedback to help refine and enhance RADCam before its official release. |
|
● |
Enhance
Your Home Security: Benefit from an advanced security system designed to protect your home and loved ones with proactive measures
and intelligent responses. |
How
to Apply
Applications
for the RADCam Beta Test Program are open to end-users across the United States. Interested participants can apply online at RADCam
Beta Test Program Application Page. The selection process will consider various factors to ensure a diverse and representative group
of testers.
Steve
Reinharz, CEO of AITX and RAD-R, stated, “The launch of RADCam marks a significant milestone in our mission to redefine home security
through advanced AI technology. By introducing this RADCam Beta Test Program, we are inviting end-users to be part of this exciting journey
and help us shape the future of residential security. This moment not only represents a leap forward for our company but also stands
as a defining moment in the 4th Industrial Revolution, where intelligent technology transforms everyday living into an experience of
unprecedented safety and convenience.”
The
Company noted that it anticipates the completion of RADCam’s development and production, with inventory expected to be in stock
and ready for sale by November of this year. This strategic timing aims to capitalize on the busy holiday shopping season. However, this
timeline is contingent upon the progression of development efforts and may be subject to change based on unforeseen factors.
Don’t
miss the chance to be at the forefront of home security innovation. Apply now to join the RADCam Beta Test Program and contribute
to the future of AI-driven home security.
About
Artificial Intelligence Technology Solutions (AITX)
AITX
is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve
complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX’s RAD, RAD-M,
RAD-R, and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves
the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks.
Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced
cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical
infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.radsecurity.com, www.stevereinharz.com, www.radgroup.ai, www.raddog.ai,
and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
CAUTIONARY
DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The
information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence
Technology Solutions, Inc. (the “Company”). This publication contains forward-looking statements, which are not guarantees
of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and
reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company
has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted
as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.
###
Steve
Reinharz
949-636-7060
@SteveReinharz
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