For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250722:nRSV0267Sa&default-theme=true
RNS Number : 0267S Capai PLC 22 July 2025
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, ITS STATES, TERRITORIES
AND POSSESSIONS ("US"), AUSTRALIA, CANADA, JAPAN, SINGAPORE, THE REPUBLIC OF
SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR
DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.
22 July 2025
capAI plc
(the "Company" and, together with its subsidiaries and subsidiary
undertakings, the "Group" or "capAI")
capMedia Inc - US EIN Issued and California Business Registration Completed
Further to the Company's announcement of 10 July 2025, capAI (LSE: CPAI) is
pleased to confirm that its wholly-owned US subsidiary, capMedia Inc
("capMedia"), has been issued an Employer Identification Number ("EIN") by the
US Internal Revenue Service and that the California Secretary of State has now
formally approved capMedia to do business in California.
This operational milestone follows the incorporation of capMedia in Delaware
and represents the next step in establishing the Group's US presence. The
completion of this registration is a prerequisite for initiating commercial
and operational activities in California, supporting the capMedia division,
which is focused on AI-driven media innovation, including the proposed
deployment of the Author42 platform.
California was selected for its strategic position within the Silicon Valley
innovation ecosystem, aligning with the Group's broader transatlantic strategy
and collaboration with its strategic partner, R42 Group LLC.
Enquiries
Company:
capAI plc hello@capaiplc.com
Broker Enquiries:
Peterhouse Capital Limited Tel: +44 (0) 207 469 0930
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAGUGDRRXDDGUD