TechLott files draft information statement for share authorization increase, reverse split

• TechLott shareholders authorized an increase in common shares authorized to 10,000,000,000 from 900,000,000.
• Reverse stock split authorized at a ratio between 1-for-50 and 1-for-1,000, with the final ratio set by the board.
• Authorized common shares to drop to 250,000,000 upon the reverse split taking effect.
• Series B Preferred Stock held by Techlott Enterprises set to convert into 1,909,081,759 common shares once the share increase is effective.
• Company reserved Series B Preferred Stock for Yakir Abadi and Eldar Grady, converting into an aggregate 1,909,081,759 common shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechLott Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040070), on August 25, 2026, and is solely responsible for the information contained therein.