LAS VEGAS, NV - August 5, 2025 (NEWMEDIAWIRE) - NeuralBase AI Ltd. (OTC: NBBI), operating under its enterprise brand BMP AI, is pleased to announce that its Board of Directors has approved the cancellation of 20,000,000 restricted common shares and 4,000,000 Series A Preferred shares, all of which are personally held by the Company’s Chief Executive Officer.

The cancellation is currently in process and is expected to be finalized shortly. This strategic move is designed to significantly reduce shareholder dilution, enhance the Company’s capital structure, and demonstrate strong leadership alignment with long-term shareholder interests. It underscores a deliberate and disciplined approach to capital management as the Company enters its next phase of development and innovation in the AI sector.

"This action reflects my unwavering commitment to the future of NeuralBase AI and to the investors who believe in our mission," stated Vighnesh Dobale, CEO of NeuralBase. "By voluntarily cancelling these shares, I am not only reinforcing my confidence in our business model and the value of what we are building, but also taking a concrete step to align my own interests with those of our shareholders. This is more than a symbolic act — it’s a strategic move that strengthens our foundation and demonstrates that leadership starts with accountability."

Once the cancellation process is complete, the updated share structure will be reflected in the Company’s next filing on EDGAR and on www.otcmarkets.com.

Additional information about NeuralBase AI Ltd. is available at https://www.neuralbase.ai or by visiting https://www.sec.gov. 

About NEURALBASE AI LTD.

NeuralBase AI Ltd. (OTC: NBBI) is a publicly traded AI company focused on secure, scalable, and context-aware conversational systems and workflow automation. Through its BMP AI platform, currently in beta testing, the Company enables enterprises to streamline internal operations, enhance team collaboration, and improve productivity while maintaining compliance and data security.

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements reflect current expectations, estimates, and projections of NeuralBase AI Ltd. (the “Company” or “NBBI”) based on assumptions and current market conditions. Forward-looking statements may include terms such as “aims,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “may,” “will,” “could,” “should,” and similar expressions.

These statements relate, among other things, to the expected features and performance of the BMP AI platform; the timing and success of product development; potential industry applications; and overall strategic direction. All forward-looking statements are inherently subject to risks and uncertainties that may cause actual results to differ materially from those projected.

NeuralBase AI Ltd. is a fully reporting company with the U.S. Securities and Exchange Commission (SEC) and files annual and quarterly reports, current reports, and other required disclosures. All public filings and disclosures may be reviewed at the SEC’s EDGAR database at www.sec.gov. The Company trades on the OTC Markets under the ticker symbol NBBI.

This press release is not, and should not be construed as, an offer to sell or a solicitation of an offer to buy any securities of NeuralBase AI Ltd. in the United States or in any other jurisdiction. Offers and sales of securities, if any, will be made only pursuant to an effective registration statement or valid exemption under the U.S. Securities Act of 1933, as amended.

Investing in securities traded on the OTC Markets involves significant risk, including potential loss of principal, low liquidity, high volatility, and limited publicly available information. Shares traded on the OTC Markets may be more susceptible to market manipulation or price swings. Investors are strongly advised to conduct their own due diligence, consult a qualified investment advisor, and carefully review all SEC filings prior to making any investment decision.

 Media Contact:

Vighnesh Dobale
Chief Executive Officer
ir@neuralbase.ai
(727) 314-3717

View the original release on www.newmediawire.com