Investigation of Xiao-I Corporation (AIXI)
The Rise and Fall of Xiao-I Corporation: An Investor’s Tale
A Rocky Road for Xiao-I Corporation On or about March 9, 2023, Xiao-I Corporation embarked on its IPO journey, offering 5.7 million American depository shares (“ADSs”) at $6.80 per ADS, reaping $38.76 million in gross proceeds. This move seemed poised for success, a budding seed ready to flourish. Early Woes and Financial Struggles Trouble brewed ...










