Dot Ai Goes Public via Merger With ShoulderUp, Raises $12M to Expand R&D and Manufacturing, Begins Trading on Nasdaq as 'DAIC'

SEE ID, Inc., doing business as Dot Ai ("Dot Ai"), a pioneering startup at the forefront of asset intelligence technology, and ShoulderUp Technology Acquisition Corp. (NYSE:SUAC) ("ShoulderUp"), today announced the closing of their previously announced business combination, which was approved by ShoulderUp shareholders at a special meeting on Feb. 6, 2025.

Pursuant to the closing of the business combination, Dot Ai has become a publicly traded company, and its Class A common stock and warrants will begin trading on Nasdaq under the ticker symbols "DAIC" and "DAICW," respectively, on June 23, 2025.

In connection with the business combination, Dot Ai has raised $12 million in PIPE investment to support its strategic growth plans, including the expansion of R&D, Go-To-Market, and building out of its Puerto Rico-based manufacturing operations.