FOBI AI (FOBIF) Stock News

Fobi AI (TSXV: FOBI, Pink: FOBIF) announced the launch of AltID 3.0, a sovereign, quantum-secured identity and trust platform designed as the verification, authentication and authorization layer for Fobi’s AI, wallet, ticketing and digital access ecosystem.

The platform combines sovereign identity, continuous authentication and satellite-based location verification to tie verified individuals to credentials, authorization, eligibility and physical presence. Built with post-quantum cryptography, AltID 3.0 extends Fobi into cybersecurity, post-quantum security and digital trust, and is positioned as a core trust layer within the company’s “Fobi Flywheel” alongside FORTRESS, FIXYR and a planned next-generation wallet.

Fobi AI (TSXV: FOBI, Pink: FOBIF) announced the launch of FORTRESS, a sovereign enterprise AI platform designed to keep proprietary data and institutional intelligence under enterprise control. The platform lets organizations deploy AI within their own infrastructure, including on-premise, in-country and secure private cloud environments.

FORTRESS combines commercially licensed large language models, private model deployment, retrieval augmented generation, enterprise integrations and agentic AI orchestration. It serves as a secure intelligence and workflow layer for AI agents, powers Fobi’s FIXYR automation platform, and has already been used internally by Fobi to support engineering and business operations.

Fobi AI (TSXV: FOBI, Pink: FOBIF) announced that the TSX Venture Exchange has issued a bulletin approving the reinstatement to trading of its common shares, effective at market open on Thursday, August 13, 2026. The company will host a Trade Resumption Live Webcast at 9:15 AM EST the same day, featuring CEO Rob Anson and host George Tsiolis of AGORACOM, with shareholder interaction through live questions and shoutouts.

Fobi AI (TSXV: FOBI, Pink: FOBIF) announced that the TSX Venture Exchange has accepted the reinstatement to trading of its common shares under the symbol “FOBI”, with trading expected to resume following a TSXV bulletin.

The company disclosed current non-compliance with TSXV and securities law requirements for board/audit committee composition and timing of its annual general meeting, which it plans to address by adding directors and holding an AGM by October 8, 2026. As of March 31, 2026, Fobi reported a working capital deficiency of $4,630,223, later reduced to $3,380,023 after correcting a $1,250,200 financial statement classification error from liabilities to equity. Fobi outlined a new financial control and reporting plan and detailed the prior termination of market making and social media marketing agreements.

Fobi AI (Pink: FOBIF) launched FIXYR, an agentic AI customer service and technical support platform, on December 15, 2025. FIXYR runs on Fobi’s proprietary enterprise LLM infrastructure hosted in Canada, claiming full data sovereignty and no dependency on third-party platforms. In an initial live deployment FIXYR processed over 20,000 digital tickets and 200+ customer inquiries with reported 100% uptime, 100% satisfaction, and zero human intervention. Fobi said FIXYR supports a hybrid commercial model (SaaS + professional services) and reported an >82% reduction in operational burn year-over-year, projecting an annual operating burn of ~C$1.25 million in 2026.

Fobi AI (OTCQB: FOBIF) launched Fobi AI 3.0 on October 6, 2025, an integrated AI-native consulting and implementation framework that unifies advisory, technical architecture, and execution across professional services, licensing, and subscriptions.

Key disclosed metrics: FY2024 revenue $2.92M (+40% YoY) and an AI-enabled operational burn reduction of ~82%, with an expected annualized run-rate of ~$1.3M for 2026. Management targets cash-flow-positive operations in 2026.

Fobi AI (OTCQB:FOBIF) has appointed tech entrepreneur Uddeshya Agrawal as its new Chief Technology Officer. Agrawal, recognized as one of India's youngest cybersecurity talents at age 12, brings extensive experience in Web3, AI, and cybersecurity to the role.

The new CTO has previously worked with Fobi on platform upgrades and has a proven track record of success, including selling a predictive AI analytics firm to a major U.S. telecom corporation and launching multiple Web3 platforms. His appointment aims to integrate Fobi's mobile wallet credentialing and data intelligence capabilities into a secure, AI-powered Web3 ecosystem.

Agrawal succeeds Jon Haydock and brings immediate access to an elite developer network, which is expected to accelerate project scalability and execution of the company's strategic vision.

Fobi AI (OTCQB:FOBIF) announced a significant leadership change with the appointment of board member Jeffrey Hyman as Chief Financial Officer (CFO), effective immediately. The transition comes as the company restructures its finance team following the completion of its German subsidiary sale and amid ongoing audit processes.

CEO Rob Anson highlighted that the company identified necessary changes during this year's audit. To address these needs, Fobi has engaged a third-party accounting firm to assist with the audit and handle daily accounting tasks, implementing new automated systems to improve efficiency while reducing full-time headcount.

FOBI AI Inc. (FOBIF) has announced the sale of its German subsidiary, Fobi AI Germany GmbH, to an arm's length third party purchaser for EUR 1,540,000. The transaction includes a cash purchase price of EUR 1,400,000 and an additional EUR 140,000 for licensing rights. The company will retain a 48-month non-exclusive, worldwide, irrevocable, and sublicensable license to use the "Passcreator Software".

CEO Rob Anson stated this strategic decision aims to strengthen FOBI's financial position without shareholder dilution, while enabling the company to focus on AI and Web3 developments. The transaction requires TSX Venture Exchange approval and is currently subject to a failure-to-file cease trade order from November 1, 2024.