Bitari Inc filed a Form S-1 registration statement for an initial public offering on 2026-08-21. It has amended it 1 time. As of its latest filing, on 2026-09-15, it has not priced the offering or withdrawn it. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have reserved the symbol “BIAI” for purposes of listing our common stock and have applied to list our common stock on the Nasdaq Global Market.From the S-1/A filed 2026-09-15
Shares offered
Upon the completion of this offering, AI Power X Inc. will hold 85.87% of our issued and outstanding common stock, assuming the sale of 4,285,715 shares of common stock we are offering, and no exercise of the underwriters’ over-allotment option.From the S-1/A filed 2026-09-15
Use of proceeds
We currently intend to use the net proceeds we receive from this offering as follows:From the S-1/A filed 2026-09-15
Revenue
For the three months ended April 30, 2026 and 2025, we generated total revenue of $2,990,025 and $2,957,044, respectively, and net income of $502,236 and $294,694, respectively.From the S-1/A filed 2026-09-15
Net loss or income
For the three months ended April 30, 2026 and 2025, we generated total revenue of $2,990,025 and $2,957,044, respectively, and net income of $502,236 and $294,694, respectively.From the S-1/A filed 2026-09-15
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-08-21 | Registration statement filed | S-1 |
| 2026-09-15 | Registration statement amended | S-1/A |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.