22nd Jul 2025 07:00
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, ITS STATES, TERRITORIES AND POSSESSIONS ("US"),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 [email protected]
Broker Enquiries:
Peterhouse Capital Limited Tel: +44 (0) 207 469 0930
Related Shares:
Capai