REG - Capai PLC - Incorporation of capMedia & US Operational Plans

capAIAnnouncement

10/07/2025 08:00

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RNS Number : 5377Q  Capai PLC  10 July 2025

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF THE DOMESTIC LAW OF THE UNITED
KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND ("UK") PURSUANT TO THE MARKET
ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK
MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

10 July 2025

 

capAI plc

(the "Company" and, together with its subsidiaries and subsidiary
undertakings, the "Group" or "capAI")

 

Incorporation of capMedia Inc and US Operational Plans

 

 

capAI (LSE: CPAI) announces the incorporation of capMedia Inc, a wholly-owned
US subsidiary of the Company to support the Company's broader media-focused
activities in the United States.

 

The incorporation of capMedia Inc in the State of Delaware represents an
operational milestone in the strategic development of the Company's media
division, known as capMedia. It lays the foundation for future
commercialisation efforts, including the proposed deployment of the Author42
platform ("Author42"), a generative AI publishing platform, subject to
regulatory consents and the execution of definitive agreements.

 

The Company intends to apply for an operational licence for capMedia Inc to do
business in the State of California.

 

Once licensed, capMedia Inc will serve as the principal US vehicle for media
initiatives under the capMedia division.

 

The Company shall seek further operational licenses for capAI Inc to do
business in additional US States as necessary from time to time.

 

Strategic Rationale

 

Delaware has been selected for incorporation due to its established legal
framework for corporate governance and investment. California has been
selected for operational licensing to align with the Company's objective of
accessing the innovation and talent ecosystem of Silicon Valley, where
strategic partner R42 Group LLC ("R42") is based.

 

This structure reflects the commercial intention to operate in the US market
and supports the transatlantic positioning of the capAI-R42 strategic alliance
(the "Alliance"), which brings together UK-listed capital discipline with US
innovation.

 

Next Steps

 

The Company envisages the following upcoming newsflow:

 

·      Updates regarding regulatory clearance for the licence and option
agreement in connection with Author42 ("LOA");

 

·      Subject to such clearance being obtained, entry into a definitive
LOA; and

 

·      capMedia Inc beginning commercial operations in California.

 

For the purposes of UK MAR, the person responsible for arranging release of
this Announcement on behalf of capAI is Richard Edwards, Executive Chairman.

 

Enquiries

 

Company:

capAI plc hello@capaiplc.com

 

Broker Enquiries:

Peterhouse Capital Limited Tel: +44 (0) 207 469 0930

 

Important legal Information

 

The information contained in this Announcement is for background purposes only
and does not purport to be full or complete, nor does this Announcement
constitute or form part of any invitation or inducement to engage in
investment activity. No reliance may be placed by any person for any purpose
on the information contained in this Announcement or its accuracy, fairness or
completeness. The contents of this Announcement are not to be construed as
legal, financial or tax advice.

 

This Announcement does not constitute or form part of any offer or invitation
to sell or issue, or any solicitation of any offer to purchase or subscribe
for, any securities, nor shall it (or any part of it), or the fact of its
distribution, form the basis of, or be relied on in connection with, any
contract therefor.

 

This Announcement may include forward-looking statements, which are based on
current expectations and projections about future events, including about the
Groups operations, strategy, financial performance, development milestones,
and the future prospects of its business divisions, including capMedia Inc and
the Author42 platform. These statements may include, without limitation, any
statements preceded by, followed by or including words such as "target",
"believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan",
"project", "will", "can have", "likely", "should", "would", "could" and any
other words and terms of similar meaning or the negative thereof.

 

Forward-looking statements are based on current expectations and are subject
to various risks and uncertainties that could cause actual outcomes to differ
materially. These risks include, but are not limited to: successful execution
of definitive agreements; regulatory approvals; development timelines; market
acceptance; technological shifts; and broader economic conditions. No
representation or warranty is made or will be made that any forward-looking
statement will come to pass, and no assurance can be given that any
forward-looking statement will prove accurate. Except as required by law,
capAI undertakes no obligation to revise or update any forward-looking
statement. The forward-looking statements in this Announcement speak only as
at the date of this Announcement.

 

 

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