Cloudastructure, Inc., a cloud-based video surveillance platform with artificial intelligence (“AI”) and computer vision analytics, announced that its Class A common shares (the “common shares”) have been approved for listing on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “CSAI”. Cloudastructure common shares are expected to commence trading on Nasdaq on or about January 30, 2025.
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“We are honored to have been approved for a direct listing of our shares on the Nasdaq Capital Market,” said James McCormick, Chief Executive Officer of Cloudastructure. “As a leader in intelligent security, Cloudastructure harnesses the power of AI-driven, cloud-based architecture to deliver adaptable, efficient, and cost-effective surveillance solutions across diverse industries. This direct listing offers us exposure to investors within the world’s most liquid and dynamic market. Importantly, it comes at a pivotal time for the Company as we are on a solid growth trajectory with a number of important upcoming milestones. Overall, the listing marks a new chapter for Cloudastructure, as we execute on our vision of becoming the definitive leader in AI-powered security solutions.”
Maxim Group LLC acted as the exclusive financial advisor to Cloudastructure in connection with the direct listing.
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Source – Globenewswire
