GridAI raises $7.79M through private placement of stock and warrants, diluting shareholders

Filed May 14, 2026 · Period ending May 8, 2026 · ~1 min read

Key Changes

• high

  GridAI completed two private placements totaling $7.79M ($2.54M + $5.25M) by selling common stock and warrants at $2.00 and $2.865 per unit respectively, with closing scheduled for May 18, 2026.

  Item 1.01 verify on EDGAR →
• high

  Pre-funded warrants for 2.94M shares have essentially zero exercise price ($0.00001) and no expiration, meaning they're effectively common stock already issued to investors.

  Item 1.01 verify on EDGAR →
• high

  Common warrants for 3.1M additional shares (exercise prices $2.56-$2.89) expire in five years, representing potential 40%+ dilution if exercised on top of current raise.

  Item 1.01 verify on EDGAR →