Dot Ai, Inc. (NASDAQ:DAIC) shares jumped 15.14% to $2.13 after the bell on Wednesday.
The gain in the stock of the Nevada-based Internet of Things (IoT) and AI-based SaaS company in the late trading session reverses a 4.15% regular-session decline.
Two Deals Behind Wednesday’s After-Hours
The rally in the extended trading session came as after the markets closed on Wednesday, Dot Ai disclosed two non-binding letters of intent totaling approximately $11 million in proposed transactions.
The company announced a non-binding term sheet for up to $5 million in convertible preferred stock, funded in three tranches, from an undisclosed investor. Proceeds target working capital and liability discharge during a strategic transition.
Separately, DAIC entered a letter of intent to divest a portion of its operating assets to a strategic buyer for up to $6 million in cash, plus the assumption of roughly $3 million in liabilities.
Dot Ai also stated that the buyer would fund a $500,000 secured convertible note to cover working capital and transaction expenses in exchange for exclusivity during the deal period.
Nasdaq Compliance, Balance Sheet At Stake
Maintaining its Nasdaq listing is a key closing condition for both deals. The transactions, if completed, are designed to strengthen the balance sheet and support continued compliance with Nasdaq listing requirements.
Cohen & Company Capital Markets is advising the company on strategic alternatives.
Both LOIs remain non-binding and face standard closing hurdles, definitive agreements, due diligence, board and stockholder approval and regulatory clearance. No assurance of completion was given.
Trading Metrics, Technical Analysis
Dot Ai has a market capitalization of $2.24 million, a 52-week high of $1,860 and a 52-week low of $1.64.
The Relative Strength Index (RSI) of DAIC stands at 25.77.
The small-cap stock has dropped 99.47% over the past 12 months and is down 85.64% since the start of 2026.
Currently, DAIC is positioned extremely close to its annual low.
Price Action: The stock closed the regular session at $1.85, according to Benzinga Pro.
Benzinga’s Edge Stock Rankings indicate that DAIC has a negative price trend across all time frames.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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