CLOUDASTRUCTURE, INC.

Cloudastructure, Inc. has filed its definitive proxy statement for the 2026 Annual Meeting of Stockholders, scheduled for July 15, 2026, to be held virtually. Key proposals include the election of a director, ratification of auditors, a significant reduction in authorized shares, a potential reverse stock split, and an amendment to the equity incentive plan for option repricing. The company is also seeking approval to adjourn the meeting if necessary to solicit additional proxies.

Cloudastructure, Inc. announced it received a notice from Nasdaq on May 26, 2026, indicating non-compliance with Listing Rule 5250(c)(1) due to the untimely filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The delay is attributed to the need for additional time to review the accounting treatment for its outstanding Series 2 Convertible Preferred Stock. The notice does not immediately affect the company's stock listing, and Cloudastructure has until July 25, 2026, to submit a plan to regain compliance, with a potential maximum compliance period until November 16, 2026.

Cloudastructure, Inc. announced the postponement of its first quarter 2026 financial results conference call and delayed the filing of its Form 10-Q for the quarter ended March 31, 2026. The delay is attributed to an ongoing review of a technical accounting issue related to the balance sheet treatment of certain preferred equity instruments. Despite the delay, the company reiterated its preliminary Q1 2026 revenue guidance of approximately $1.3 million, reflecting about 78% year-over-year growth, and gross profit growth of approximately 115% year-over-year.

Cloudastructure, Inc. announced preliminary financial results for the first quarter of 2026, reporting approximately $1.3 million in revenue, a 78% year-over-year increase. Gross profit also saw significant growth, increasing by approximately 115% year-over-year. The company has rescheduled its Q1 2026 financial results conference call to May 21, 2026, to allow more time for quarterly review, with results to be reported on May 20, 2026.

Cloudastructure, Inc. announced the appointment of Ed Burnett as Chief Security and Operations Officer (CSOO). Burnett brings over 30 years of enterprise security leadership, including two decades as VP of U.S. Security and Global Fraud Investigations at UPS, where he set industry benchmarks. In his new role, Burnett will lead operations, remote guarding teams, deployments, and guide technology development, leveraging his expertise to combat issues like cargo theft. The company, which reported 271% revenue growth in 2025, aims to strengthen its AI-driven surveillance platform with his experience.

Cloudastructure, Inc. announced the dismissal of Bush & Associates CPA LLC as its independent registered public accounting firm, effective April 16, 2026. The decision was made by the Board of Directors upon the recommendation of the Audit Committee, following a review for the Company's 2026 fiscal year. The Company confirmed there were no disagreements with Bush & Associates on accounting principles, financial disclosures, or auditing scope, and their audit reports for 2024 and 2025 contained no adverse opinions or qualifications.