Dot Ai Completes Business Combination with ShoulderUp Technology Acquisition Corp., Set to Trade on Nasdaq

Dot Ai, a pioneer in asset intelligence technology, has announced the completion of its business combination with ShoulderUp Technology Acquisition Corp., a move that signifies a major leap forward in its expansion and innovation efforts. The company's Class A common stock and warrants are expected to begin trading on Nasdaq on June 23, 2025, under the ticker symbols 'DAIC' and 'DAICW', respectively. This development is bolstered by Dot Ai's successful securing of $12 million in PIPE financing, which is earmarked for strategic initiatives including research and development, market expansion, and the scaling of its manufacturing capabilities in Puerto Rico.

Ed Nabrotzky, Co-founder and CEO of Dot Ai, has articulated the company's vision to revolutionize supply chain management through its cutting-edge AI solutions. The collaboration with Würth Industry USA and the prospect of securing contracts with major industry players highlight Dot Ai's potential to set new benchmarks in the sector. Phyllis Newhouse, CEO of ShoulderUp, has praised Dot Ai's innovative approach to tackling the pressing challenges of modern supply chains.

The formation of a new board of directors, comprising seasoned professionals such as Phyllis Newhouse, Holly Grey, and Joanna Burkey, is anticipated to guide Dot Ai through its next growth phase. By harnessing its proprietary software and hardware, along with technologies like IoT, AI, and 5G RF and BLE, Dot Ai aims to improve asset visibility and operational security, offering a glimpse into the future of supply chain management. For further details on Dot Ai's advancements in asset intelligence, visit https://daic.ai.