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Dot Ai's Business Combination and Nasdaq Trading FAQ

FaqStaq News - Just the FAQs June 21, 2025
By FAQstaq Staff
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Dot Ai's Business Combination and Nasdaq Trading FAQ

Summary

Dot Ai, a leader in asset intelligence technology, has completed a business combination with ShoulderUp Technology Acquisition Corp., becoming a publicly traded company set to begin trading on Nasdaq under the symbols 'DAIC' and 'DAICW' on June 23, 2025, raising $12 million in PIPE financing to support its growth.

What is Dot Ai?

Dot Ai is a pioneering startup at the forefront of asset intelligence technology, specializing in AI-fueled solutions for managing supply chains.

When will Dot Ai’s Class A common stock and warrants begin trading on Nasdaq?

Dot Ai’s Class A common stock and warrants will begin trading on Nasdaq under the ticker symbols ‘DAIC’ and ‘DAICW,’ respectively, on June 23, 2025.

How much did Dot Ai raise in PIPE financing?

Dot Ai raised $12 million in PIPE investment to support its strategic growth plans, including R&D expansion and manufacturing operations in Puerto Rico.

Who are the key figures mentioned in Dot Ai’s leadership?

Key figures include Ed Nabrotzky, Co-founder and CEO of Dot Ai, and Phyllis Newhouse, CEO of ShoulderUp Technology Acquisition Corp., among others joining the Board of Directors.

What are the implications of Dot Ai becoming a publicly traded company?

Becoming a publicly traded company allows Dot Ai to access capital markets for growth, expand its operations, and continue disrupting legacy technologies in supply chain management.

Who is joining Dot Ai’s Board of Directors?

Upon closing, Phyllis Newhouse, Holly Grey, Joanna Burkey, Jeff Saling, Dr. Sheldon Paul, Dr. David Carlson, and Ed Nabrotzky are expected to join Dot Ai’s Board of Directors.

What is the significance of Dot Ai’s partnership with Würth Industry USA?

The partnership with Würth Industry USA is transformative for Dot Ai, helping to build upon its product launches and expand its impact across various sectors.

How does Dot Ai’s technology benefit companies?

Dot Ai’s innovative, AI-fueled asset intelligence technology and proprietary solutions help companies manage their supply chains more efficiently, connecting the dots across their value chain.

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