MultiSensor AI terminates stock sale agreements with B. Riley

MultiSensor AI Holdings Inc. (NASDAQ: MSAI) terminated two stock sale agreements with B. Riley entities on February 2, 2026, according to a company statement.

The company ended a Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC that was established on April 16, 2024. The agreement had provided MultiSensor AI with the option to sell up to $25.0 million of common stock shares. Prior to termination, the company sold 1,814,731 shares under this agreement, generating approximately $4.7 million in cash proceeds.

MultiSensor AI also terminated an at-the-market issuance sales agreement with B. Riley Securities Inc. that began on March 28, 2025. This agreement covered the potential sale of up to $8.6 million in common stock shares. Before termination, the company sold 151,072 shares under this arrangement for approximately $115,793 in cash proceeds.

The company stated it is not subject to any termination penalties for ending either agreement. Both agreements contained provisions allowing for termination under the sections referenced by MultiSensor AI.

The terminated agreements were part of MultiSensor AI's equity financing arrangements that allowed the company to raise capital through stock sales when market conditions were suitable.

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