Form 8-K

8-K — Artificial Intelligence Technology Solutions Inc.

Accession: 0001493152-26-026492

Filed: 2026-06-01

Period: 2026-06-01

CIK: 0001498148

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Other Events

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): June 1, 2026

ARTIFICIAL

INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

(Exact

name of registrant as specified in its charter)

Nevada

000-55079

27-2343603

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

10800

Galaxie Avenue

Ferndale,

MI 48220

(Address

of principal executive offices)

(877)

787-6268

(Registrant’s

telephone number, including area code)

Not

Applicable

(Former

name or former address, if changed since last report.)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

N/A

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

When

used in this Current Report on Form 8-K, unless otherwise indicated, the terms the “Company,” “our,” or “we”

refer to Artificial Intelligence Technology Solutions Inc. and its subsidiaries.

Item

8.01 Other Events

June 1, 2026, we will be issuing a press release titled “AITX’s RAD Scales Production as Q1 FY27 Shipments Exceed 100 Hardware

Devices”, which press release is attached hereto as Exhibit 99.1.

The

information in this Current Report on Form 8-K with respect to Item 8.01 (including the press release attached hereto as Exhibit 99.1)

is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18

of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section,

nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

This current report on Form 8-K (including Exhibit 99.1) will not be deemed an admission as to the materiality of any information contained

herein.

ITEM

9.01. EXHIBITS

Exhibit

No.

Description

99.1

June 1, 2026 Press Release

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Date:

June 1, 2026

ARTIFICIAL

INTELLIGENCE TECHNOLOGY SOLUTIONS INC.

/s/

Steven Reinharz

Name:

Steven

Reinharz

Title:

Chief

Executive Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

AITX’s

RAD Scales Production as Q1 FY27 Shipments Exceed 100 Hardware Devices

Higher

Output, Faster Manufacturing, and Growing Software Adoption Reflect Operational Progress

Detroit,

Michigan, June 1, 2026 – Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX),

a developer of AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices,

Inc. (RAD), today announced that RAD shipped 116 hardware devices during the first quarter of fiscal year 2027, which ended May 31,

2026, representing nearly 50% growth compared to the same quarter of the prior year. The Company stated that the increased production

output was achieved while operating with approximately half the production staff utilized during the comparable period last year, reflecting

continued improvements in manufacturing efficiency, operational execution, and production scalability.

The

Company noted that the shipment increase reflects continued demand across RAD’s portfolio of AI driven security and monitoring

solutions, including ROSA™, RIO™, RIO Mini™, AVA™, and TOM. A significant portion

of quarterly shipments consisted of RIO portable security trailers, supported by expanding dealer relationships and consistent double-digit

orders throughout the quarter. Management believes growing market acceptance of RAD’s solutions, combined with continued channel

expansion, is contributing to stronger operational performance across the business.

The

Company also noted that increased shipment volume is contributing to continued growth in recurring monthly revenue, supported by both

expanding deployments and broader adoption of its software-driven solutions. Additionally, RAD’s recently implemented hardware

price increase, which became effective May 1, 2026, is expected to further strengthen the economics of future deployments. Management

believes these factors are helping build a stronger revenue foundation while supporting the Company’s path toward improved operational

performance.

“We

are seeing progress across several key areas of the business at the same time,” said Steve Reinharz, CEO/CTO and founder of AITX

and RAD. “Demand for our solutions continues to grow, our production capabilities continue to improve, and our recurring monthly

revenue base continues to expand. Achieving nearly 50% shipment growth while operating with a significantly leaner production organization

is a strong reflection of the work our team has done to improve efficiency, product maturity, and execution throughout the business.

These are the types of operational improvements that we believe are consistent with our longer-term objective of achieving operational

positive cash flow, though we caution that we continue to report material operating losses and there can be no assurance as to when,

if ever, we will achieve that objective.”

The

Company attributed much of its production improvements to continued refinement of manufacturing processes, expanded cross-training initiatives,

and ongoing maturation of its RADPack™ hardware platform. During the quarter, RAD reduced manufacturing time by approximately 30%,

while implementing a production approach that places greater emphasis on direct feedback from assembly personnel. Management noted that

increased collaboration between engineering and manufacturing teams has contributed to improved product consistency, faster production

cycles, and greater operational flexibility. The reduction in production staff also reflects the Company’s ongoing cost management

objectives.

The

Company invites prospective clients, channel partners, and industry participants to connect with its team to learn how RAD’s

solutions can support their security and operational objectives.

About

Artificial Intelligence Technology Solutions, Inc. (AITX)

AITX

is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex

challenges and drive operational efficiency. Through its family of companies, including Robotic Assistance Devices, Inc. (RAD-I), Robotic

Assistance Devices Mobile (RAD-M), Robotic Assistance Devices Group (RAD-G) and Robotic Assistance Devices Residential (RAD-R), AITX

develops and delivers a broad range of AI-driven technologies and services designed to transform security, automation, and operational

workflows across multiple industries.

Through

its primary subsidiary, RAD-I, AITX is redefining the nearly $50 billion (US) security and guarding services industry1 with

its AI-driven Solutions-as-a-Service model. RAD solutions are specifically designed to deliver cost savings of between 35% and 80% compared

to traditional manned security and monitoring, utilizing a suite of stationary and mobile autonomous systems that complement, and in

many cases replace, human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software

platforms are developed in-house.

All

of RAD’s solutions are designed to integrate with leading industry platforms and workflows, including ongoing collaboration with

Immix®, the trusted provider of central station and remote monitoring software, supporting broader adoption of AI-driven security

across professional monitoring environments.

The

Company’s operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing

its credibility with enterprise and government clients that require rigorous data protection and compliance standards.

AITX

is led by Steve Reinharz, CEO/CTO and founder of the Company and all RAD subsidiaries, who brings decades of experience in the security

services industry. The broader AITX leadership and its subsidiaries draw on deep expertise across security, law enforcement, and robotics

innovation, supporting the Company’s ability to deliver proven, practical, and scalable solutions.

AITX

and its subsidiaries maintain a robust sales pipeline that includes over 35 Fortune 500 companies, with expanding opportunities across

its subsidiaries. The Company expects continued growth as these opportunities convert into deployed clients generating recurring revenue

streams, with significant potential for expansion within each account.

The

Company’s solutions are deployed across a wide range of industries including enterprises, government, transportation, critical

infrastructure, education, and healthcare.

learn more, visit www.aitx.ai, www.radsecurity.com, www.stevereinharz.com, www.raddog.ai, www.radgroup.ai,

www.saramonitoring.ai, and www.radlightmyway.com, or follow Steve Reinharz on X @SteveReinharz.

Forward-Looking

Statements.

This

publication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the

Securities Exchange Act of 1934, including statements about shipment growth, recurring monthly revenue, manufacturing efficiency, RADGuard

and SARA adoption, hardware price increases, and the objective of achieving operational positive cash flow. These statements are not

guarantees of future performance. The following risks, among others, could cause actual results to differ materially: (a) Going concern:

The Company’s auditors have expressed substantial doubt about its ability to continue as a going concern due to recurring losses,

negative working capital, and reliance on external financing; (b) Financial condition: Accumulated deficit ~$165M; net losses ~$19.35M

(trailing twelve months); negative operating cash flow ~$12.5M. References to “operational progress” or “a stronger

revenue foundation” must be read in this context; (c) Liabilities and debt concentration: Total liabilities ~$58.3M vs. total assets

~$9.6M; ~96% of debt owed to entities controlled by one individual; (d) Dilution: 25.3 billion shares outstanding (up 62% year-over-year);

ongoing equity financing arrangement results in continuing stockholder dilution; (e) Prior guidance miss: FY2026 revenue of $7.75M was

significantly below prior guidance of $12–18M; no assurance future projections will be achieved; (f) Cash: ~$144,000 cash on hand

as of most recent quarter; additional financing may be required; (g) Pipeline: References to Fortune 500 companies and sales pipeline

do not represent committed purchase orders or contracted revenue.

The

Company undertakes no obligation to update forward-looking statements except as required by law.

Artificial

Intelligence Disclosure.

“Artificial

Intelligence” refers to machine-based systems that, for given human-defined objectives, make predictions, recommendations, or decisions

influencing real or virtual environments. The Company deploys AI primarily in security and property management through its SARA™

(Speaking Autonomous Responsive Agent) platform, which processes video, audio, and sensor data to support actions under predefined objectives

and human oversight. The Company’s Board of Directors oversees its AI deployment.

###

Doug

Clemons

248-270-8273

doug.c@radsecurity.com

https://www.ibisworld.com/united-states/market-research-reports/security-services-industry/

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