Cloudastructure to Execute 1-for-30 Reverse Stock Split to Meet Nasdaq $1 Minimum Price

Cloudastructure Inc., a Palo Alto‑based provider of AI‑powered video surveillance, announced that its shareholders approved a 1‑for‑30 reverse split of its Class A common stock. The split will become effective on July 31 2026 and is intended to raise the per‑share price to satisfy Nasdaq’s $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. After the split the shares will continue trading under the symbol “CSAI” with a new CUSIP number 18912E306. No fractional shares will be issued; any fractional portion will be rounded up to the nearest whole share, and proportional adjustments will be made to outstanding equity awards, warrants and other convertible securities. The announcement prompted an 8.09% drop in the stock, trading around $0.21 per share.