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Classover (Nasdaq: KIDZ) approves $2M Class B share buyback

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Classover Holdings Inc. has authorized a share repurchase program of up to $2 million of its Class B common stock. The company plans to buy shares on the open market, through block trades, or other methods in line with securities rules.

The repurchases are expected to be funded from existing cash and future operating cash flows, with bought-back shares either held as treasury stock or cancelled. The board emphasizes flexibility, noting the program can be modified, suspended, or terminated, and that it reflects confidence in Classover’s long-term AI-driven edtech strategy.

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Insights

Classover’s $2M buyback signals confidence and flexible capital return.

Classover Holdings Inc. approved a share repurchase program for up to $2,000,000 of Class B common stock. Repurchases may occur via open market purchases, block trades, or other methods consistent with Rule 10b-18, giving management multiple execution options.

The program will use existing cash reserves and future operating cash flows, indicating management is comfortable allocating capital to buybacks while continuing to fund operations. Repurchased shares will be held as treasury stock or cancelled, which can reduce effective share count over time.

The board states the program is designed to enhance shareholder value and can be modified, suspended, or terminated based on corporate considerations. The CEO links the decision to recent fiscal milestones and perceived undervaluation, tying the buyback to confidence in the company’s AI-focused digital learning strategy.

EXHIBIT 99.1

 

 

Classover Announces $2 Million Share Repurchase Program

 

NEW YORK, NY / ACCESS Newswire / February 11, 2026 — Classover Holdings Inc. (Nasdaq:KIDZ, KIDZW) (“Classover” or the “Company”) today announced that its board of directors (the “Board”) has approved a share repurchase program (the “Share Repurchase Program”) under which the Company may repurchase up to $2 million of its shares of Class B common Stock. The Share Repurchase Program is designed to enhance shareholder value and reflect the Board’s confidence in the Company’s long-term growth within the AI edtech sector.

 

Share Repurchase Program Details

 

With a positive outlook on the Company's operational trajectory, the Board has authorized the repurchase of up to US$2,000,000.00 of outstanding shares of Class B common stock.

 

 

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Execution: Classover may repurchase shares via open market purchases, block trades, or other means in compliance with Rule 10b-18 of the Securities Exchange Act of 1934. The timing and volume will remain at the discretion of management, based on market conditions, share price, and liquidity needs.

 

 

 

 

·

Funding: The program is expected to be funded through the Company’s existing cash reserves and future operating cash flows.

 

 

 

 

·

Status of Shares: All repurchased shares will be held as treasury stock or cancelled.

 

 

 

 

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Flexibility: The program does not obligate the Company to acquire any specific number of shares and may be modified, suspended, or terminated at any time based on corporate considerations.

 

"Following our recent fiscal milestones, we believe the current market valuation does not fully reflect Classover’s operational progress and the significant opportunities within our digital learning platform," said Luo Hui, CEO of Classover. "We believe now is an appropriate time to begin returning value to our shareholders while maintaining the flexibility to continue investing in our long-term vision for global education."

 

About Classover

 

Classover Holdings Inc. (NASDAQ:KIDZ) is a K-12 online education company transforming over 420,000 hours of live teaching experience into AI-powered learning systems. By combining artificial intelligence and blockchain verification, Classover is building the next generation of education infrastructure-where learning becomes measurable, verifiable, and connected across borders.

 

 
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Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover’s current beliefs, expectations and assumptions regarding the future of Classover’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover’s control including, but not limited to: Classover’s ability to execute its business model, including obtaining market acceptance of its products and services; the risk that the price of SOL, which has historically been subject to dramatic price fluctuations and is highly volatile, could fall substantially negatively impacting Classover’s financial condition and results of operations; Classover’s financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover’s ability to maintain the listing of its securities on Nasdaq; changes in Classover’s strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover’s ability to attract and retain a large number of customers; Classover’s future capital requirements and sources and uses of cash; regulatory changes related to crypto assets; fluctuations in the price of crypto assets; risks related to the custody of crypto assets, including security risks; Classover’s ability to attract and retain key personnel; Classover’s expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in Classover’s filings with the SEC. Classover’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

 

Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

Contacts

 

Classover Holdings Inc.

ir@classover.com

800-345-9588

 

 
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FAQ

What share repurchase program did Classover (KIDZ) announce?

Classover approved a share repurchase program of up to $2 million in Class B common stock. The board describes it as designed to enhance shareholder value and reflect confidence in the company’s long-term growth in the AI-powered education technology sector.

How will Classover (KIDZ) fund its $2 million share buyback?

Classover expects to fund the share repurchase program through existing cash reserves and future operating cash flows. This approach lets the company return capital to shareholders while continuing to support operations and its AI-based digital learning platform development.

What methods can Classover (KIDZ) use to repurchase shares?

Classover may repurchase shares through open market purchases, block trades, or other methods that comply with Rule 10b-18 of the Securities Exchange Act of 1934. This flexibility allows management to adjust timing and volume based on market conditions and liquidity needs.

What happens to Classover (KIDZ) shares repurchased under the program?

All shares repurchased under Classover’s program will be either held as treasury stock or cancelled. Holding or cancelling shares can reduce the effective number of shares in circulation, which may increase remaining shareholders’ proportional ownership if the full authorization is used.

Is Classover (KIDZ) required to buy the full $2 million of shares?

Classover is not obligated to repurchase any specific number of shares under the $2 million authorization. The program may be modified, suspended, or terminated at any time, giving the company discretion to respond to corporate priorities and changing market conditions.

Why is Classover (KIDZ) launching a share repurchase program now?

Classover’s CEO says recent fiscal milestones and significant opportunities in its digital learning platform mean the current market valuation does not fully reflect progress. Management believes it is an appropriate time to return value to shareholders while still investing in long-term global education goals.

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Classover Holdings, Inc.

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4.15M
17.33M
Education & Training Services
Services-educational Services
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United States
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