Classover Holdings, Inc.

KIDZ AI Inc. announced that its Board of Directors has authorized a 50% increase in its existing share repurchase program, raising the total authorization from $2.0 million to $3.0 million. This expansion follows an open letter to shareholders by CEO Stephanie Luo and a positive market response. The company, an education technology firm focused on AI infrastructure, intends to continue repurchasing shares at management's discretion, aiming to enhance shareholder value and reflect confidence in its long-term growth.

KIDZ AI Inc. announced a net cash position of approximately $13.7 million, or $1.25 per share, as of July 24, 2026, which is nearly three times its current market capitalization of $4.6 million. The company has commenced repurchases under its $2.0 million share repurchase program and intends to seek Board authorization to expand it to $3.0 million. Additionally, GPU-related revenue from a $44.6 million services agreement is expected to begin in the fourth quarter of 2026.

KIDZ AI Inc. issued a shareholder letter highlighting a significant disconnect between its current share price and underlying fundamentals. The company reported a net cash position of approximately $13.7 million, or $1.25 per share, which is nearly three times its market capitalization of $4.6 million. To address this undervaluation, KIDZ AI plans to expand its share repurchase program from $2.0 million to $3.0 million and accelerate repurchases. Additionally, the company expects to begin generating revenue from its $44.6 million GPU compute services agreement in the fourth quarter of 2026.

KIDZ AI Inc., through its subsidiary Catalyst Compute LLC, announced a definitive 60-month enterprise AI compute services agreement with Canopy Wave, Inc. The contract is valued at an aggregate of $44.6 million and involves the deployment of 256 NVIDIA HGX B300 GPUs. This partnership is a significant step in KIDZ AI's evolution into an AI technology and infrastructure platform, anchoring its differentiated neocloud model with long-term contracted enterprise demand.

KIDZ AI Inc. has entered into a ChEF Purchase Agreement with Chardan Capital Markets LLC, establishing a facility that allows the company to sell up to $100 million in Class B common stock to Chardan. This agreement enables KIDZ AI to raise capital for working capital and general corporate purposes, with the purchase price for shares sold to Chardan set at 96.0% of the volume-weighted average price. The company, an emerging growth and smaller reporting company, will control the timing and amount of any sales to Chardan, subject to certain conditions and ownership caps for Chardan.

KIDZ AI Inc. announced it won the 2026 EdTechX Award for the Americas, recognizing its leadership in AI-powered education. Concurrently, the company unveiled KIDZBot, its new AI robotics learning platform, which integrates advanced AI capabilities like persistent memory, reasoning, and adaptive learning. KIDZ AI expects KIDZBot to begin its commercial rollout in the second half of 2026, aiming to expand its offerings from a digital education platform to a comprehensive AI-native education infrastructure company.

KIDZ AI Inc. filed an S-1 registration statement for the resale of up to 151,112,186 shares of Class B Common Stock by Chardan Capital Markets LLC. This registration is tied to a ChEF Purchase Agreement, allowing KIDZ AI to sell up to $100 million in newly issued shares to Chardan. While KIDZ AI will not receive proceeds from Chardan's resale, it can raise up to $100 million from direct sales to Chardan, with proceeds intended for working capital and general corporate purposes. The agreement includes conditions such as a 4.0% discount to VWAP for shares sold to Chardan and beneficial ownership caps.

KIDZ AI Inc. stockholders approved several key proposals at their annual meeting on June 10, 2026. These approvals include a significant increase in the authorized number of Class B common shares to 2.5 billion and a flexible reverse stock split ranging from 1-for-2 to 1-for-50, to be determined by the Board. Additionally, shareholders approved the issuance of Class B common stock to Solana Growth Ventures LLC and the future sale of up to 500,000 Class A common stock to the CEO. The meeting also saw the election of five directors to the company's board.

KIDZ AI Inc. (formerly Classover Holdings, Inc.) announced a 1-for-10 reverse stock split for its Class A and Class B common stock, effective June 8, 2026. This action is intended to ensure compliance with Nasdaq's minimum bid price requirement. The company also reduced its authorized share capital accordingly. The trading symbol 'KIDZ' will remain unchanged, and fractional shares will be rounded up.

KIDZ AI Inc. announced a strategic pivot in its digital asset treasury, moving away from Solana exposure towards the Hyperliquid ecosystem and yield-bearing stablecoin strategies. The company aims to enhance liquidity, capital efficiency, and align its treasury with what it perceives as more relevant on-chain financial infrastructure. This move is intended to reposition the company's digital assets for potentially greater upside exposure and capital preservation.