Classover Terminates Equity Purchase Facility to Pivot from Digital Asset Treasury Strategy (Form 8-K)

Classover Terminates Equity Purchase Facility to Pivot from Digital Asset Treasury Strategy

NEW YORK CITY, NY / ACCESS Newswire / March 2, 2026 / Classover Holdings Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) ("Classover" or the "Company"), a leader in educational AI, today announced that its Board of Directors has unanimously approved the termination of its $400 million Equity Purchase Facility Agreement with Solana Strategic Holdings LLC, formally ending its Solana-focused digital asset treasury strategy. The Board determined that, under current market conditions, this approach no longer represents an accretive use of capital. By terminating the facility, Classover eliminates the potential for significant share dilution while creating flexibility for strategic capital deployment aligned with its core mission.

Classover is redirecting investment toward artificial intelligence and robotics-areas the Board identifies as primary drivers of long-term growth and shareholder value. The Company maintains a healthy balance sheet with no imminent liquidity needs, and has not sold its existing Solana holdings or staking yields. These positions will be evaluated over time and may be divested when conditions and capital priorities warrant, with proceeds reinvested into AI and robotics development.

"Today's decision reflects disciplined capital allocation and our commitment to concentrate resources where we see the greatest long-term opportunity," said Stephanie Luo, Chief Executive Officer of Classover. "The Board believes focused investment in AI, AI agents, and robotics aligns more directly with our mission and positions us to capture the next wave of educational technology innovation."

About Classover

Classover Holdings Inc. (NASDAQ:KIDZ) is a technology-driven education company dedicated to developing next-generation learning solutions powered by artificial intelligence, AI agents, and robotics. By concentrating its capital and strategic resources on core innovation, the Company aims to redefine educational experiences and improve learning outcomes globally. Classover is committed to expanding access through scalable, intelligent technologies designed to drive long-term growth and sustainable shareholder value.