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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): July 15, 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 July 15, 2024, we will be issuing a press release titled “AITX’s RAD Joins ZeroNow as a Partner in Making Schools Safer”, 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   July 15, 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: July 15, 2024 ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC.
     
    /s/ Steven Reinharz
  Name: Steven Reinharz
  Title: Chief Executive Officer

 

 

 

Exhibit 99.1

 

AITX’s RAD Joins ZeroNow as a Partner in Making Schools Safer

 

Detroit, Michigan, July 15, 2024 — Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial Intelligence Technology Solutions, Inc. (the Company) (OTCPK:AITX), is pleased to announce that ZeroNow has welcomed RAD as an Industry Partner in its quest to bring the number of victims of school violence to zero.

 

RAD delivers cost-effective artificial intelligence-based security solutions that can help schools improve safety and efficiency. RAD technology augments the capabilities of staff to provide higher levels of situational awareness at a low cost, allowing experienced personnel to focus on more strategic tasks.

 

“As an Industry Partner, RAD brings an expertise in autonomous monitoring and response that will benefit our alliance,” said ZeroNow CEO and Co-Founder Ara Bagdasarian. “ZeroNow’s law enforcement, school security and education members are contributing their expertise to spotlight the risks schools face. Our technology partners share valuable knowledge on how to address those vulnerabilities.”

 

“School should be a safe and secure place to grow and learn, and children can’t learn when they’re afraid,” said Steve Reinharz, Founder, CEO & CTO of AITX and RAD. “RAD is dedicated to pioneering advancements in AI and autonomous robotics, pushing the boundaries of what’s possible in safety solutions. By partnering with ZeroNow, we are furthering our mission to ensure that every school becomes a sanctuary of learning and growth, free from fear. Together, we are dedicated to building a safer future for all children, where the promise of education can be fulfilled without the shadow of violence.”

 

RAD continues to demonstrate its unwavering commitment to school safety through innovative initiatives like the Bailey’s Gift campaign, launched in 2022. This effort, named in memory of Bailey Holt, who tragically lost her life in a school shooting, aims to donate advanced firearm detection devices to underfunded and vulnerable K-12 schools across the United States. By joining forces with ZeroNow, RAD seeks to further expand these efforts, ensuring that every school can benefit from state-of-the-art security technology. Through Bailey’s Gift and their new partnership with ZeroNow, RAD is dedicated to creating a safer, more secure learning environment for all students.

 

ZeroNow was founded by technology partners Additional, Axis Communications, Axon, Omnilert and Status Solutions, along with campus safety nonprofit partners the International Association of Campus Law Enforcement Administrators (IACLEA), NASPA (the Association of Student Affairs Administrators in Higher Education), Campus Safety Magazine and VTV Family Outreach Foundation.

 

About ZeroNow

 

ZeroNow is the safety community’s movement to end harmful events in our schools. As a member-based nonprofit, ZeroNow facilitates collaboration between industry, association and education partners to foster new solutions to keep our campuses safe and secure.

 

ZeroNow’s National Council of School Safety Directors (NCSSD) is the first and only program created to establish a national standard, certification, advocacy, and continuing education for School Safety Directors. ZeroNow brings safety assets and education safety leaders together to establish the standards. We drive a unified voice to educate policymakers on the need for increased investment in school safety. For more information, please visit www.zeronow.org.

 

 

 

 

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-R, RAD-M 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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