Classover secures $100 million equity facility, plans AI infrastructure expansion

Classover Holdings Inc. (NASDAQ: KIDZ) announced it entered into a $100 million equity purchase facility agreement with Chardan Capital Markets. The education technology company may sell up to $100 million of its Class B common stock under the agreement, subject to stockholder approval and other conditions.

The company plans to use proceeds to expand into AI compute infrastructure, high-performance GPU cloud platforms, and data center operations. Classover intends to deploy capital across AI compute infrastructure development, NeoCloud platform operations, and data center investments.

As part of its strategic shift, Classover plans to rebrand as "KIDZ AI Inc." to align with its expansion into GPU computing, cloud services, and AI infrastructure. The company aims to pursue vertical integration across the AI infrastructure value chain.

"We believe this facility will be a decisive turning point for Classover," said Stephanie Luo, Chief Executive Officer. "We are positioning the Company to become an important participant in the rapidly growing AI infrastructure sector."

Classover currently operates as an AI-powered education technology company that develops learning systems using artificial intelligence and robotics. The facility agreement details will be disclosed in a Form 8-K filing with the Securities and Exchange Commission.

The company cited growing demand for compute capacity driven by generative AI and large-scale model deployment as market conditions supporting its strategic expansion. Classover noted that advanced GPU procurement cycles and data center capacity limitations have contributed to supply constraints in AI infrastructure markets.

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