Business
Trust Stamp provides a business update highlighting progress in focus areas
Atlanta, GA, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Trust Stamp, a global provider of AI-powered trust, identity and security solutions provided an overview of
About this update from T Stamp Inc.
[{"type":"text","content":"Atlanta, GA, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Trust Stamp, a global provider of AI-powered trust, identity and security solutions provided an overview of business progress for January 2026. Gareth N. Genner, Chief Executive Officer of Trust Stamp reported: “In Q4 of 2025 we completed a financing round using a combination of market placements of stock using our S3 capacity and a warrant inducement agreement. The objective of the financing was to provide working capital to give us the ability to achieve significant growth in 2026, which we intend to do through acquisitions, expansion of our customer base, and growing our service offerings. During January we agreed to terms as part of non-binding letters of intent for two M&A transactions. In each case, the incoming company is a graduate of the UK National Cybersecurity Center’s startup program with solid technology and stellar leadership. One would be an outright purchase and the other would be a 50% ownership stake with the incoming company becoming a closely integrated element of the Trust Stamp group. Both transactions, if consummated, aim to close before the end of February. In each case, there is no cash consideration, minimal impact on our cash burn and the transaction structure is based on the enhanced potential for growth for the incoming enterprises and their team members. Proposed dilution from these transactions is less than 2.5% of our currently issued share capital. Both companies bring technology and expertise that we believe will provide new products for our sales channels as well as enhancing our existing products (and the products of the other acquired enterprise). In one case we will be acquiring additional expertise and technology that can be applied to the safe and monitored implementation of AI solutions, a challenge that is material to every one of our existing and target customers. We then intend to marry that expertise with the crisis and resilience testing scenarios and training from the second proposed incoming group member to create advanced training resources expressly for LLM based solutions. Very importantly, the acquired team members will fill critical leadership, executive, technical and operational roles that we had already budgeted for 2026 thereby immediately accelerating our go-to-market capacity. At the end of December 2025, our R&D team deliv...