Cloudastructure Inc SEC Filings

Cloudastructure, Inc. (CSAI) submitted a Form 144 notice disclosing a proposed sale of 1,000,000 Class A common shares through LPL Financial with an approximate aggregate market value of $1,360,000. The filing lists total Class A shares outstanding as 17,891,370 and an approximate sale date of 09/30/2025. The securities were acquired on 09/30/2025 by exercise of stock options in Class B followed by conversion into Class A, with payment in cash to Cloudastructure, Inc. The filer also disclosed multiple prior small sales of Class A shares during July and August 2025 by Sheldon Richard Bentley, with transaction dates and amounts provided in the filing.

Cloudastructure, Inc. reported corporate actions related to governance and financing. Shareholders ratified the appointment of Bush & Associates CPA LLP as the companys independent registered public accounting firm for the fiscal year ending December 31, 2025, with vote totals reported as 8,029,820 for, 65,285 against and 70,131 abstentions. Shareholders also approved a financing-related authorization to issue additional shares of Series 2 Convertible Preferred Stock and Class A common stock issuable upon conversion in private placements potentially exceeding 20% of outstanding common stock; vote totals are reported in the filing, including 4,623,364 for, 238,822 against, 59,615 abstaining and 3,243,435 broker non-votes. The filing is signed by the Chief Financial Officer, Greg Smitherman.

Insider sales reduced the reporting person's stake in Cloudastructure, Inc. (CSAI) to zero. Sheldon Richard Bentley, identified as a director, officer and founder, reported two separate dispositions: on 08/19/2025 he sold 25,000 shares of Class A common stock at a weighted-average price of $1.55, leaving 15,956 shares beneficially owned; on 08/20/2025 he sold those remaining 15,956 shares at a weighted-average price of $1.45, resulting in 0 shares owned after the transactions. The Form 4 was signed by an attorney-in-fact on 08/21/2025. Footnotes state the reported prices are weighted averages from multiple trades within specified ranges and that the filer will provide detailed per-trade pricing on request.

Cloudastructure, Inc. (CSAI) report is a Form 144 notice disclosing proposed and recent sales of Class A common stock by an affiliate. The filing lists a proposed sale of 40,956 shares with an aggregate market value of $65,939 to be sold through LPL Financial on Nasdaq. It documents the filer’s acquisitions: option exercises and conversions between 2020 and 2021 totaling 40,956 shares. The filing also itemizes stock sales by the same person during the past three months totaling 300,000 shares for gross proceeds of approximately $697,386. The signer affirms no undisclosed material adverse information about the issuer.

Cloudastructure, Inc. amended its S-1 registration to register 5,000,000 shares of Class A common stock, including 373,134 "Commitment Shares" issued to Atlas Sciences, LLC as consideration under an Equity Purchase Agreement. The company may, at its option and subject to conditions, sell up to 4,626,866 additional "Put Shares" to Atlas, and the Purchase Agreement contemplates up to $50.0 million of aggregate gross proceeds if fully utilized, although actual proceeds depend on share sale prices and any additional registrations.

The prospectus clarifies that proceeds received from sales to Atlas would be used for general corporate purposes and that Atlas is not obligated to sell any registered shares. The filing discloses voting and dividend rights for Class A and Class B shares, limitations like a Beneficial Ownership Limitation under the Purchase Agreement, and lists related agreements and exhibits incorporated by reference.

Cloudastructure, Inc. (CSAI) 10-Q highlights key capital transactions, liquidity and corporate actions for the quarter. The company closed a Series 1 equity financing that produced $6.3 million of gross proceeds and sold Series 2 preferred shares for $4.5 million plus an additional $3.0 million on April 10, 2025. Under an agreement with Atlas the company issued 143,472 shares of Class A common stock on February 6, 2025 and subsequently issued an additional 229,662 shares on July 9, 2025 pursuant to an Equity Line. The company effected a 1-for-6 reverse stock split reported retrospectively for all periods. Reported cash figures include $7,235 and $5,816 at June 30, 2025 and December 31, 2024, respectively, and the statement of cash flows shows $12,137 provided by financing activities for the period. The filing discloses an accumulated deficit and continued operating losses and lists multiple risk factors including substantial customer concentration, need for additional capital, privacy/security regulatory risks, and competitive pressures.

Cloudastructure, Inc. (CSAI) filed a Current Report stating the company issued a press release announcing certain financial results for the quarter ended June 30, 2025. The 8-K does not include the numerical results within the filing body; instead the press release is provided as Exhibit 99.1.

The filing also attaches a Cover Page Interactive Data File (Exhibit 104) with embedded Inline XBRL tags. The registrant marked its status as an emerging growth company. No revenue, profit, guidance, or other financial metrics are disclosed in the 8-K text itself, so detailed analysis requires review of the attached press release.