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SafeSpace Global Corporation reported a leadership change, as Chief Revenue Officer Theo Davies resigned from his role effective December 4, 2025. The notice was given to the company on the same date and the resignation was effective immediately, meaning he is no longer serving in the top revenue leadership position. The filing does not describe any transition plan, successor, or changes to his other responsibilities, focusing solely on his departure from the Chief Revenue Officer role.
SafeSpace Global Corporation filed its annual report, outlining a pivot to multimodal AI safety solutions and a 2025 rebranding to the ticker SSGC. The company reported no contract revenue for the year ended July 31, 2025, compared with $322,000 in 2024, while total operating expenses rose to $4,799,617.
To fund operations, SafeSpace raised $10,764,700 in net proceeds from common stock sales at an average price of $0.116 per share during fiscal 2025, ending with approximately $6,500,000 in cash and cash equivalents. Working capital was a surplus of $7,274,432 at July 31, 2025, with current assets of $7,640,434 and current liabilities of $366,011. Net cash used in operating activities was $2,676,309.
As context, non‑affiliate market value was approximately $33,000,000 on January 31, 2025, and shares outstanding were 187,511,196 as of October 27, 2025. The company highlights new products such as SafeFace Access Control and SafeSchool, and leadership additions including a new CTO and CRO to support product development and commercialization.