STOCK TITAN

AI OKTO: Pani Corp. reports 77.2% common-share stake

The reported 77.2% common-share position is distinct from preferred shares held by an entity controlled by Panagiotidis, which carry separately stated voting power.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

AI OKTO Corp. shares: Pani Corp. purchased 130,000 common shares in open-market transactions on October 23, 2026, for $1,059,604.00, excluding broker commission. The purchase was funded with cash provided by entities controlled by Petros Panagiotis Panagiotidis, sourced from his personal funds. Pani Corp. and Panagiotidis each reported shared voting and dispositive power over 3,336,185 shares, or 77.2% of the class, based on 4,319,916 shares outstanding disclosed in AI OKTO Corp.'s Form 20-F filed September 9, 2026. That reported position includes 3,206,185 shares distributed to Pani Corp. in connection with the Spin-Off Transaction completed October 8, 2026, as well as the purchase. Panagiotidis disclaims beneficial ownership of Pani Corp.'s shares except to the extent of his pecuniary, voting and dispositive interests. Separately, Pelagos Holdings Corp., an entity he controls, owns 40,000 Series B Preferred Shares, each with voting power of 100,000 common shares.

Common shares purchased 130,000 shares Pani Corp. open-market transactions on October 23, 2026
Total purchase price $1,059,604.00 Excludes broker commission
Reported beneficial ownership 3,336,185 shares Reported by each reporting person
Percentage of class 77.2% Based on 4,319,916 shares outstanding disclosed in the Form 20-F filed September 9, 2026
Shares distributed to Pani Corp. 3,206,185 shares In connection with the Spin-Off Transaction completed October 8, 2026
Series B Preferred Shares 40,000 shares Owned by Pelagos Holdings Corp.
Voting power per Series B Preferred Share 100,000 Shares As stated for each Series B Preferred Share
Shares outstanding 4,319,916 shares Disclosed in AI OKTO Corp.'s Form 20-F filed September 9, 2026
beneficial ownership financial
"may be considered to be a beneficial owner of the Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Voting Power regulatory
"Shared Voting Power 3,336,185.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Power regulatory
"Shared Dispositive Power 3,336,185.00"
Spin-Off Transaction financial
"distributed to Pani Corp. in connection with the Spin-Off Transaction"
A spin-off transaction is when a company separates one of its businesses into a new, independent company and distributes shares of that new company to the parent company’s existing shareholders. Like splitting a multi-purpose tool into two single-purpose tools, a spin-off can change how each business is managed, how profits and risks are allocated, and how easily shares can be bought or sold—factors that can affect the market value and risk profile investors see.
pecuniary interests financial
"except to the extent of his pecuniary, voting and dispositive interests"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AIOK shares did Pani Corp. buy, and what did they cost?

Pani Corp. purchased 130,000 AI OKTO Corp. common shares in open-market transactions on October 23, 2026, for $1,059,604.00, excluding broker commission.

What percentage of AIOK does Pani Corp. report owning?

Pani Corp. and Petros Panagiotis Panagiotidis each reported beneficial ownership of 3,336,185 AI OKTO Corp. common shares, or 77.2% of the class. The percentage is based on 4,319,916 shares outstanding disclosed in AI OKTO Corp.'s Form 20-F filed September 9, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





Y2258E107

(CUSIP Number)
Petros Panagiotis Panagiotidis
223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens
Limassol, G4, 3036
00 357 25 357 765

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/23/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Note to Rows 8, 10 and 11: Consists of (a) 3,206,185 common shares, par value $0.001 per share, of the Issuer (each common share of the Issuer, a "Share") distributed to Pani Corp. in connection with the Spin-Off Transaction (as defined in the Original Schedule 13D) and (b) 130,000 Shares purchased by Pani Corp. through a series of transactions in the open market on October 23, 2026. Note to Row 13: Percentage ownership is based on a total number of 4,319,916 Shares outstanding, as disclosed by the Issuer in its registration statement on Form 20-F filed with the Securities and Exchange Commission ("SEC") on September 9, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
Note to Rows 8, 10 and 11: Consists of (a) 3,206,185 Shares distributed to Pani Corp. in connection with the Spin-Off Transaction completed on October 8, 2026 and (b) 130,000 Shares purchased by Pani Corp. through a series of transactions in the open market on October 23, 2026. Notes to Row 8: (1) Pelagos Holdings Corp., an entity controlled by Mr. Panagiotidis, also owns 40,000 Series B Preferred Shares of the Issuer. Each Series B Preferred Share has the voting power of 100,000 Shares. (2) Mr. Panagiotidis is the sole shareholder of Pani Corp. and he disclaims beneficial ownership of the 3,336,185 Shares held by Pani Corp., except to the extent of his pecuniary, voting and dispositive interests in such Shares. Note to Row 13: Percentage ownership is based on a total number of 4,319,916 Shares outstanding, as disclosed by the Issuer in its registration statement on Form 20-F filed with the SEC on September 9, 2026.


SCHEDULE 13D


Pani Corp.
Signature:/s/ Andreas Avgousti
Name/Title:Andreas Avgousti / Director
Date:10/27/2026
Petros Panagiotis Panagiotidis
Signature:/s/ Petros Panagiotis Panagiotidis
Name/Title:Petros Panagiotis Panagiotidis
Date:10/27/2026

Keep reading