GridAI Drops After Debt Agreement as Traders Watch Warrants
GridAI Technologies shares dropped 7.8% to $4.25 late Friday morning after the company settled a loan default with $800,000 in cash and 71,482 shares. GridAI recently raised $7.79 million through private placements and reported 2025 revenue of $36,251 with a net loss of $6.55 million. The company warned of “substantial doubt” about its ability to continue as a going concern.