Proposed transactions are the result of the Company's previously announced strategic alternatives process and, if consummated, would strengthen the balance sheet with up to a $5 million investment in convertible preferred stock and an up to $6 million asset purchase along with the assumption of up to $3 million of existing liabilities and are intended to support continued Nasdaq compliance, return value to existing shareholders, and position the Company to pursue value-creating strategic initiatives LAS VEGAS, NV / ACCESS Newswire / June 10, 2026 / Dot Ai, Inc. (NASDAQ:DAIC) ("Dot Ai" or the "Company"), an IoT and AI-based SaaS company redefining asset intelligence for industrial technology, today announced as a result of its review of strategic alternatives the entry into two letters of intent for proposed transactions. The Company has entered into a non-binding letter of intent with an investor (the "Investor") for an up to $5.0 million convertible preferred stock investment and a separate non-binding letter of intent for the sale of a portion of its operating business for approximately $6.0 million in cash, along with the assumption of up to $3.0 million in existing liabilities.