---
title: "AITX Board Scraps Planned Authorized Share Increase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278952129.md"
description: "Artificial Intelligence Technology Solutions (AITX) has decided not to proceed with a planned increase of authorized shares by 3.8 billion after a reverse stock split. The total authorized shares remain at 27.52 billion, which limits immediate dilution for shareholders. The latest analyst rating for AITX stock is a Sell with a $0.01 price target, while TipRanks’ AI Analyst rates it as Neutral due to financial challenges despite recent revenue growth. AITX's current market cap is $10.71 million."
datetime: "2026-03-12T21:54:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278952129.md)
  - [en](https://longbridge.com/en/news/278952129.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278952129.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278952129.md) | [繁體中文](https://longbridge.com/zh-HK/news/278952129.md)


# AITX Board Scraps Planned Authorized Share Increase

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The latest update is out from Artificial Intelligence Technology Solutions ( (AITX) ).

Artificial Intelligence Technology Solutions operates in the technology sector, but this disclosure did not specify its primary products, services, or particular market focus.

On March 2, 2026, the company filed a Definitive Information Statement with the SEC seeking approval to increase its authorized shares by 3.8 billion, but after a 100‑for‑1 reverse stock split was processed by FINRA on March 12, 2026, the board unanimously voted the same day not to proceed with the authorized share increase, leaving total authorized capitalization at 27,520,000,000 shares, including 27,500,000,000 common and 20,000,000 preferred shares, which limits immediate dilution relative to the earlier proposal and clarifies the capital structure for shareholders.

The most recent analyst rating on (AITX) stock is a Sell with a $0.01 price target. To see the full list of analyst forecasts on Artificial Intelligence Technology Solutions stock, see the AITX Stock Forecast page.

**Spark’s Take on AITX Stock**

According to Spark, TipRanks’ AI Analyst, AITX is a Neutral.

The score is primarily weighed down by stressed financial fundamentals—deep losses, persistent negative equity, and continued cash burn—despite strong recent revenue growth and solid gross margin. Corporate updates are consistently positive (repeat orders, product expansion, and recurring-license strategy), but technical signals are largely unavailable and valuation metrics are limited due to negative earnings.

To see Spark’s full report on AITX stock, click here.

**More about Artificial Intelligence Technology Solutions**

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $10.71M

Learn more about AITX stock on TipRanks’ Stock Analysis page.

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