{"filing": {"accession": "0001493152-26-033613", "cik": "0001498148", "ticker": "AITX", "company_name": "Artificial Intelligence Technology Solutions Inc.", "form_type": "S-1", "filing_type": "S-1", "filing_date": "2026-07-17", "accepted_datetime": null, "acceptance_datetime": null, "accepted_at": null, "primary_doc_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226033613/0001493152-26-033613-index.htm", "filing_url": "https://www.sec.gov/Archives/edgar/data/1498148/000149315226033613/0001493152-26-033613-index.htm", "period_of_report": null}, "html_url": "/api/filings/000149315226033613/stream", "exhibits": [], "sections": [{"section_name": "item_1a", "section_title": "Risk Factors", "start_position": 101647, "end_position": 164098}, {"section_name": "item_13", "section_title": "Certain Relationships", "start_position": 164098, "end_position": 178301}, {"section_name": "part_1", "section_title": "Part I", "start_position": 178301, "end_position": 444577}, {"section_name": "part_2", "section_title": "Part II", "start_position": 444577, "end_position": 475760}], "tables": [{"table_index": 0, "table_type": "text", "caption": null, "header_text": "Nevada371427-2343603"}, {"table_index": 2, "table_type": "text", "caption": null, "header_text": "\u25cfa\n \u201cRegular Put,\u201d for which the purchase price equals 85% of the average of the\n three (3) lowest daily closing bid prices of our common stock during the ten (10) consecutive\n trading days immediatel"}, {"table_index": 4, "table_type": "text", "caption": null, "header_text": "Prospectus Summary1"}, {"table_index": 7, "table_type": "text", "caption": null, "header_text": "Common\n stock offered by the Selling StockholderUp\n to 1,555,000,000 common stock shares, consisting of 5,000,000 Commitment Shares and up to 1,550,000,000 Put Shares\n issuable under the Purchase Agre"}, {"table_index": 18, "table_type": "text", "caption": null, "header_text": "\u25cfWe\n operate in a competitive and rapidly evolving market for AI-driven security and automation\n solutions, and we may be unable to compete effectively."}, {"table_index": 20, "table_type": "text", "caption": null, "header_text": "Assumed Market Price per SharePurchase Price per Put Share (85% of Market Price)\u00b9Put Shares Issuable\u00b2Commitment SharesTotal Shares IssuedTotal Shares Outstanding After Issuance\u00b3Shares Issued as % of O"}, {"table_index": 21, "table_type": "text", "caption": null, "header_text": "1.Reflects the 15% discount to the applicable market price provided under the Purchase Agreement."}, {"table_index": 23, "table_type": "text", "caption": null, "header_text": "NameTotalnumber ofshares ownedprior to offeringPercentage ofshares ownedprior toofferingNumber ofshares beingofferedPercentage\n ofshares ownedafter\n the offeringassumingall\n of theshares aresold in th"}, {"table_index": 24, "table_type": "text", "caption": null, "header_text": "(1)The\n number assumes the Selling Security Holder sells all of its shares being offered pursuant to this prospectus."}, {"table_index": 29, "table_type": "text", "caption": null, "header_text": "1.Typical\n security guard-related functions such as monitoring a parking lot during and after hours and responding appropriately. This scenario\n applies to perimeters, interior yard areas, and related"}, {"table_index": 30, "table_type": "text", "caption": null, "header_text": "1.Start\n with an AI-driven autonomous response utilizing cellular-optimized communications, while easily connecting to a human operator for\n a manned response, as needed."}, {"table_index": 32, "table_type": "financial", "caption": null, "header_text": "Period"}, {"table_index": 33, "table_type": "text", "caption": null, "header_text": "Three\n Months EndedThree\n Months EndedChange"}, {"table_index": 34, "table_type": "financial", "caption": null, "header_text": "PeriodChange"}, {"table_index": 36, "table_type": "financial", "caption": null, "header_text": "\u25cfGeneral\n and administrative expenses decreased by $324,634. In comparing the three months ended May 31, 2026 and May 31, 2025 this decrease\n was primarily due to the following decreases: wages and sa"}, {"table_index": 37, "table_type": "financial", "caption": null, "header_text": "May\n 31, 2026February\n 28, 2026"}, {"table_index": 38, "table_type": "text", "caption": null, "header_text": "Three\n Months EndedMay 31, 2026Three\n Months EndedMay 31, 2025"}, {"table_index": 54, "table_type": "text", "caption": null, "header_text": "NameAgePosition"}, {"table_index": 55, "table_type": "text", "caption": null, "header_text": "(1)Director\n as of March 2, 2021"}, {"table_index": 57, "table_type": "text", "caption": null, "header_text": "Name and Principal PositionFiscalYearSalaryorFees($)Bonus($)StockAwards(2)($)OptionAwards($)Non-EquityIncentive PlanCompensation($)Non-QualifiedDeferredCompensationEarnings($)All OtherCompensation($)T"}, {"table_index": 58, "table_type": "financial", "caption": null, "header_text": "(1)Steven\n Reinharz was appointed Chief Executive Officer, Chief Financial Officer and Secretary on March 2, 2021.Mr.Reinharz ceased being Chief\n Financial Officer on June 24, 2021 and on that date ap"}, {"table_index": 60, "table_type": "text", "caption": null, "header_text": "OPTION AWARDSSTOCK AWARDS"}, {"table_index": 61, "table_type": "text", "caption": null, "header_text": "\u25cfeach\n of our executive officers;"}, {"table_index": 63, "table_type": "text", "caption": null, "header_text": "Amount andNature of"}, {"table_index": 64, "table_type": "text", "caption": null, "header_text": "(1)Beneficial\n ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or\n investment power with respect to securities. Beneficial "}, {"table_index": 69, "table_type": "financial", "caption": null, "header_text": "Report of Independent Registered Public Accounting FirmF-2"}, {"table_index": 70, "table_type": "financial", "caption": null, "header_text": "PAGE"}, {"table_index": 74, "table_type": "financial", "caption": null, "header_text": "February\n 28,2026February\n 28,2025"}, {"table_index": 76, "table_type": "financial", "caption": null, "header_text": "Year\n EndedFebruary 28,2026Year\n EndedFebruary 28,2025"}, {"table_index": 78, "table_type": "text", "caption": null, "header_text": ""}, {"table_index": 80, "table_type": "text", "caption": null, "header_text": ""}, {"table_index": 82, "table_type": "financial", "caption": null, "header_text": "Year\n EndedFebruary 28,2026Year\n EndedFebruary 28,2025"}, {"table_index": 86, "table_type": "text", "caption": null, "header_text": "Computer\n equipment3years"}, {"table_index": 88, "table_type": "financial", "caption": null, "header_text": "\u25cfDoes\n the agreement purport, in substance, to be a sale"}, {"table_index": 92, "table_type": "financial", "caption": null, "header_text": "\u25cfLevel\n 1 \u2013 Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date."}, {"table_index": 93, "table_type": "financial", "caption": null, "header_text": "Amount\n atFair\n Value Measurement Using"}, {"table_index": 96, "table_type": "financial", "caption": null, "header_text": "Year\n EndedFebruary 28,2026Year\n EndedFebruary 28,2025"}, {"table_index": 97, "table_type": "financial", "caption": null, "header_text": "LeasesClassificationFebruary\n 28,2026February\n 28,2025"}, {"table_index": 99, "table_type": "financial", "caption": null, "header_text": "February\n 28,2026February\n 28,2025"}, {"table_index": 100, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and Amortization REDYear\n EndedFebruary 28,2026Year\n EndedFebruary 28,2025"}, {"table_index": 102, "table_type": "financial", "caption": null, "header_text": "February\n 28,2026February\n 28,2025"}, {"table_index": 103, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and AmortizationYear\n EndedFebruary 28,2026Year\n EndedFebruary 28,2025"}, {"table_index": 105, "table_type": "financial", "caption": null, "header_text": "(1)The\n investor would pay up to $400,000in exchange for a perpetual4% rate Payment on the Company\u2019s reported quarterly Revenues.\n At February 29, 2020, $400,000has been paid to the Company."}, {"table_index": 107, "table_type": "text", "caption": null, "header_text": "1)The\n rate payment was reduced from14.25% to9.65%"}, {"table_index": 110, "table_type": "text", "caption": null, "header_text": "DateMaturityDescriptionPrincipalInterest\n Rate"}, {"table_index": 113, "table_type": "financial", "caption": null, "header_text": "(1)This\n note was transferred from convertible notes payable because in August 2022 it was no longer convertible due to restrictions placed\n on the lender."}, {"table_index": 115, "table_type": "financial", "caption": null, "header_text": "(9)The\n note, with an original principal amount of $550,000, may be pre-payable at any time. The note balance includes an original issue\n discount of $250,000and was issued with a warrant to purchase5"}, {"table_index": 117, "table_type": "financial", "caption": null, "header_text": "(13)This\n loan, with an original principal balance of $4,000,160, was in exchange for184Series F preferred shares from a former director.\n The interest and principal are payable at maturity. The loan "}, {"table_index": 119, "table_type": "financial", "caption": null, "header_text": "(19)Original\n $350,000note may be pre-payable at any time. The note balance includes an original issue discount of $50,000. Principal and interest\n due at maturity. Secured by a general security charg"}, {"table_index": 121, "table_type": "financial", "caption": null, "header_text": "(21)On\n November 30, 2023, the Company entered into an agreement where the lender will pay the Company\n $350,000in exchange forthirteen future monthly payments of $36,750 commencing on April\n 30,2024 "}, {"table_index": 123, "table_type": "financial", "caption": null, "header_text": "(31)Original\n $450,000note may be pre-payable at any time. The note balance includes an original issue\n discount of $50,000. Principal and interest due at maturity. Secured by a general security\n char"}, {"table_index": 124, "table_type": "financial", "caption": null, "header_text": "(35)Original\n $330,000note may be pre-payable at any time. The note balance includes an original issue\n discount of $30,000. Principal and interest due at maturity. Secured by a general security\n char"}, {"table_index": 125, "table_type": "financial", "caption": null, "header_text": "(37)Original\n $330,000note may be pre-payable at any time. The note balance includes an original issue\n discount of $30,000. Principal and interest due at maturity. Secured by a general security\n char"}, {"table_index": 132, "table_type": "text", "caption": null, "header_text": "Number\n ofSeries FPreferredWarrantsWeightedAverageExercise PriceWeightedAverageRemainingYears"}, {"table_index": 134, "table_type": "text", "caption": null, "header_text": "\u2014the\n Company issued50,403,802common shares with gross proceeds of $5,185,344and net proceeds of $4,801,184after paid issuance costs\n of $274,161. Included in these common shares was a commitment fee "}, {"table_index": 135, "table_type": "text", "caption": null, "header_text": "\u2014the\n Company issued49,796,369common shares with gross proceeds of $13,697,245and net proceeds of $13,120,679after paid issuance costs\n of $576,565. Included in the net proceeds are $418,669in share p"}, {"table_index": 136, "table_type": "text", "caption": null, "header_text": "Number\n ofWarrantsWeighted\n AverageExercise PriceWeighted\n AverageRemaining Years"}, {"table_index": 143, "table_type": "text", "caption": null, "header_text": "Number\n ofOptionsWeightedAverageExercise PriceWeighted\n AverageRemainingYears"}, {"table_index": 144, "table_type": "text", "caption": null, "header_text": "Number\n ofOptionsWeightedAverageExercise PriceWeighted\n AverageRemainingYears"}, {"table_index": 146, "table_type": "financial", "caption": null, "header_text": "Maturity of\n Lease LiabilitiesOperatingLeases"}, {"table_index": 148, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 149, "table_type": "text", "caption": null, "header_text": "20262025"}, {"table_index": 151, "table_type": "text", "caption": null, "header_text": "February\n 28,2026February\n 28,2025"}, {"table_index": 152, "table_type": "financial", "caption": null, "header_text": "February\n 28,2026"}, {"table_index": 153, "table_type": "financial", "caption": null, "header_text": "February\n 28,2025"}, {"table_index": 155, "table_type": "financial", "caption": null, "header_text": "February\n 28,2026February\n 28,2025"}, {"table_index": 167, "table_type": "text", "caption": null, "header_text": "\u2014on\n May 4, 2026, the Company issued a convertible, redeemable note to a lender for $700,000with\n cash proceeds of $630,000and an original issue discount of $70,000. The loan bears interest\n at12%, an"}, {"table_index": 170, "table_type": "financial", "caption": null, "header_text": "May\n 31, 2026February\n 28, 2026*"}, {"table_index": 173, "table_type": "financial", "caption": null, "header_text": "Three\n Months EndedMay 31, 2026Three\n Months EndedMay 31, 2025"}, {"table_index": 175, "table_type": "text", "caption": null, "header_text": "SharesAmountSharesAmountSharesAmountSharesAmountCapitalDeficitDeficit"}, {"table_index": 176, "table_type": "text", "caption": null, "header_text": "SharesAmountSharesAmountSharesAmountSharesAmountCapitalDeficitDeficit"}, {"table_index": 178, "table_type": "financial", "caption": null, "header_text": "Three\n MonthsEndedMay 31, 2026Three\n MonthsEndedMay 31, 2025"}, {"table_index": 182, "table_type": "text", "caption": null, "header_text": "Computer\n equipment and software2or3years"}, {"table_index": 184, "table_type": "financial", "caption": null, "header_text": "\u25cfDoes\n the agreement purport, in substance, to be a sale"}, {"table_index": 187, "table_type": "financial", "caption": null, "header_text": "\u25cfLevel\n 1 \u2013 Unadjusted quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date."}, {"table_index": 188, "table_type": "financial", "caption": null, "header_text": "Amount\n atFair\n Value Measurement Using"}, {"table_index": 190, "table_type": "financial", "caption": null, "header_text": "Three\n Months EndedMay 31, 2026Three\n Months EndedMay 31, 2025"}, {"table_index": 192, "table_type": "financial", "caption": null, "header_text": "LeasesClassificationMay 31, 2026February 28, 2026"}, {"table_index": 193, "table_type": "financial", "caption": null, "header_text": "May\n 31, 2026February\n 28, 2026"}, {"table_index": 194, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and Amortization REDThree\n MonthsEndedMay\n 31 2026Three\n MonthsEndedMay\n 31, 2025"}, {"table_index": 196, "table_type": "financial", "caption": null, "header_text": "May\n 31, 2026February\n 28, 2026"}, {"table_index": 197, "table_type": "financial", "caption": null, "header_text": "Depreciation\n and AmortizationThree\n Months EndedMay\n 31 2026Three\n Months EndedMay 31, 2025"}, {"table_index": 198, "table_type": "financial", "caption": null, "header_text": "(1)The\n investor would pay up to $400,000in exchange for a perpetual4% rate Payment on the Company\u2019s reported quarterly Revenues.\n At February 29, 2020, $400,000has been paid to the Company."}, {"table_index": 200, "table_type": "text", "caption": null, "header_text": "1)The\n rate payment was reduced from14.25% to9.65%"}, {"table_index": 203, "table_type": "text", "caption": null, "header_text": "DateMaturityDescriptionPrincipalInterest\n Rate"}, {"table_index": 209, "table_type": "financial", "caption": null, "header_text": "(2)This\n promissory note was issued as part of a debt settlement whereby $2,683,357in convertible notes and associated accrued interest of\n $1,237,811totaling $3,921,168was exchanged for this promisso"}, {"table_index": 211, "table_type": "financial", "caption": null, "header_text": "(10)The\n note, with an original principal balance of $1,650,000, may be pre-payable at any time. The note balance includes an original issue\n discount of $150,000and was issued with a warrant to purch"}, {"table_index": 213, "table_type": "financial", "caption": null, "header_text": "(18)Original\n $475,000note may be pre-payable at any time. The note balance includes an original issue discount of $75,000. Principal and interest\n due at maturity. Secured by a general security charg"}, {"table_index": 215, "table_type": "financial", "caption": null, "header_text": "(21)On\n November 30, 2023, the Company entered into an agreement where the lender will pay the Company $350,000in exchange forthirteen\n future monthly payments of $36,750 commencing on April 30,2024th"}, {"table_index": 217, "table_type": "financial", "caption": null, "header_text": "(31)Original\n $450,000note may be pre-payable at any time. The note balance includes an original issue discount of $50,000. Principal and interest\n due at maturity. Secured by a general security charg"}, {"table_index": 219, "table_type": "financial", "caption": null, "header_text": "(41)$630,000convertible note that may be redeemed subject to a premium ranging from110% to140% if redeemed within the first 180 days of the note.\nThe Company received proceeds of $595,000, with fees o"}, {"table_index": 222, "table_type": "text", "caption": null, "header_text": "Number of Series F Preferred WarrantsWeightedAverage Exercise PriceWeightedAverage Remaining Years"}, {"table_index": 224, "table_type": "text", "caption": null, "header_text": "Common sharesMay 31, 2026February 28, 2026"}, {"table_index": 225, "table_type": "text", "caption": null, "header_text": "Number ofWarrantsWeighted AverageExercise PriceWeighted AverageRemaining Years"}, {"table_index": 227, "table_type": "text", "caption": null, "header_text": "Number of OptionsWeighted Average Exercise PriceWeighted Average Remaining Years"}, {"table_index": 228, "table_type": "financial", "caption": null, "header_text": "Maturity of Lease LiabilitiesOperatingLeases"}, {"table_index": 229, "table_type": "text", "caption": null, "header_text": "May 31, 2026May 31, 2025"}, {"table_index": 231, "table_type": "text", "caption": null, "header_text": "May 31, 2026May 31, 2025"}, {"table_index": 232, "table_type": "financial", "caption": null, "header_text": "\u2014the\n Company issued32,797,611common shares pursuant to a share purchase agreement for gross proceeds of $290,783, issuance costs of\n $14,397and net proceeds of $276,386."}, {"table_index": 234, "table_type": "financial", "caption": null, "header_text": "SEC registration fee$1,503,22"}, {"table_index": 239, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares Issued"}, {"table_index": 240, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares Issued"}, {"table_index": 242, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares Issued"}, {"table_index": 244, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares Issued"}, {"table_index": 246, "table_type": "text", "caption": null, "header_text": "DateTransactionConsiderationShares Issued"}, {"table_index": 248, "table_type": "exhibit_index", "caption": null, "header_text": "Exhibit\n No.Description"}, {"table_index": 251, "table_type": "text", "caption": null, "header_text": "ARTIFICIAL INTELLIGENCE TECHNOLOGY SOLUTIONS INC."}], "exhibits_pending": true, "cdn_html": true, "response_time_ms": 41}