CreateAI declares $132.8 million special cash distribution
CreateAI Holdings (OTC: TSPH) announced its board of directors declared a special cash distribution of $132.8 million, or $0.55 per common share, according to a company press release.
The distribution will be paid to stockholders of record as of November 26, 2025, with a payment date scheduled for December 12, 2025. The per-share amount is based on 241,472,034 shares of the company's Class A and Class B common stock outstanding as of November 17, 2025.
The board concluded that the one-time return of capital serves stockholder interests while maintaining the company's ability to execute its long-term strategy, the press release stated.
CreateAI expects the distribution to be characterized as a return of capital rather than a dividend distribution, as the company does not have current or accumulated earnings and profits under Section 312 of the Internal Revenue Code.
The San Diego-based company describes itself as a global applied artificial intelligence company with offices in the United States, China, and Japan, focusing on AI technology development for digital entertainment content production.
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