KIDZ News & Events

Classover Holdings Inc trading halted, news pending

Classover Holdings will conduct a 1-for-50 reverse stock split of its Class A common stock and Class B common stock. The reverse stock split will become effective on March 9, 2026, at 12:01 a.m. Eastern Time. The Company's Class B common stock will continue to trade on the Nasdaq Capital Market under the symbol "KIDZ" and will begin trading on a split-adjusted basis at the opening of the market on March 10, 2026. The reverse stock split is intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining the listing of its Class B common stock on Nasdaq.

Classover Holdings announced a strategic collaboration with YuGuang AI. The collaboration will focus on the joint exploration and development of AI-driven curriculum solutions, including the application of artificial intelligence to educational content creation, instructional design, and video-based learning experiences. The companies plan to leverage AI technologies to enhance how educational courses are designed, produced and delivered across a range of academic and professional learning scenarios. As part of the collaboration, the companies plan to: Explore AI-powered approaches to curriculum and instructional content development; Apply AIGC technologies to support video-based and instructor-led course delivery;Collaborate on the development of AI-enabled educational courses and learning materials; Advance the use of artificial intelligence in higher education and adult learning contexts.

Classover Holdings' Board of Directors has unanimously approved the termination of its $400M Equity Purchase Facility Agreement with Solana Strategic Holdings, formally ending its Solana-focused digital asset treasury strategy. The Board determined that, under current market conditions, this approach no longer represents an accretive use of capital. By terminating the facility, Classover eliminates the potential for significant share dilution while creating flexibility for strategic capital deployment aligned with its core mission. Classover is redirecting investment toward artificial intelligence and robotics-areas the Board identifies as primary drivers of long-term growth and shareholder value. The Company maintains a healthy balance sheet with no imminent liquidity needs, and has not sold its existing Solana holdings or staking yields. These positions will be evaluated over time and may be divested when conditions and capital priorities warrant, with proceeds reinvested into AI and robotics development.