SafeSpace Global Turns On Revenue, Eyes National Exchange Listing

KNOXVILLE, TN – March 20, 2026 – SafeSpace Global Corporation (OTCID: SSGC) has marked a pivotal moment in its corporate journey, announcing its transition from a pre-revenue development company to a revenue-generating enterprise. The news, accompanying the filing of its Q2 Fiscal 2026 financial results, signals that the company's AI-powered safety solutions are now commercially active. Bolstering this milestone, the Tennessee-based firm also revealed a strategic expansion into Nashville and has begun the complex process of seeking a listing on a national stock exchange.

In a statement, Chief Executive Officer Scott M. Boruff described the period as a "defining inflection point" for the company. "After spending the past year systematically building out our four vertical markets; laying the technology, partnerships, and client infrastructure required to scale, we have now entered the revenue-generating phase of our commercial journey," he said.

This shift from development to commercialization is a critical test for any technology company, and SafeSpace Global is now stepping onto that stage, armed with a debt-free balance sheet and ambitious plans for scaling its operations across multiple industries.

From Concept to Commercial Contracts

While the company's quarterly report for the period ending January 31, 2026, did not yet show revenue, SafeSpace clarified that its commercial engine officially started in February 2026. This initial revenue stream, which will be reflected in its next quarterly filing, is being generated from its first core vertical: the senior living sector.

The company has successfully deployed its AI-powered safety monitoring platform in eight senior living facilities under executed service agreements. These contracts establish a recurring monthly revenue model, providing a foundational stream of income. The technology is designed to enhance resident safety through discreet, privacy-aware monitoring that can detect falls, prevent wandering, and provide staff with critical alerts without relying on intrusive wearables or disruptive alarms. This application directly addresses a significant need in the elder care market for proactive, non-invasive safety solutions.

This first deployment represents the culmination of significant investment in the company's proprietary technology. The firm's total intangible assets, which include patents and proprietary software, surged to $1.26 million as of January 31, 2026, a substantial increase from $290,469 at its previous fiscal year-end. This highlights the intensive build-out of the multimodal AI platform that underpins its offerings.

A Balance Sheet Built for Growth

Underpinning SafeSpace Global's strategic initiatives is a balance sheet that management describes as strong and stable. As of the end of January, the company reported a working capital surplus of $3.6 million and held over $3.8 million in cash and cash equivalents. Crucially, the company has completely eliminated all outstanding debt, resulting in zero interest expense and what Boruff calls a "clean balance sheet."

"This financial stability, combined with the strategic partnerships and client relationships we have and will continue to establish across our verticals, gives us the confidence and the runway to scale aggressively," Boruff stated.

This financial runway is essential, as the company's investments in growth are significant. Total operating expenses for the six months ended January 31, 2026, rose to $2.85 million from $1.92 million in the prior-year period, an increase the company attributes to the full-scale build-out of its operations, headcount, and go-to-market infrastructure. This spending contributed to a net loss of $2.74 million for the six-month period. However, the company also demonstrated cost discipline, with operating expenses for the second quarter alone decreasing 7% year-over-year to $1.16 million, even as it scaled its team.

While the company's financial position appears solid, its formal 10-Q filing did include a standard "going-concern" warning, a common disclosure for development-stage companies that are investing heavily in future growth before achieving significant profitability. The successful conversion of its technology into sustained revenue will be the key factor in overcoming this long-term risk.

Strategic Ambitions: Nashville and a National Exchange

SafeSpace Global's operational progress is being matched by strategic moves designed to expand its physical and capital markets footprint. The company recently opened a new office in Nashville, Tennessee, complementing its Knoxville headquarters. The choice of Nashville is strategic, placing the company in the heart of one of the nation's largest healthcare industry hubs. This provides a distinct advantage for a company whose initial commercial success is rooted in the senior living sector and whose broader ambitions include healthcare.

The Nashville expansion also positions SafeSpace within a burgeoning tech ecosystem, providing access to talent and potential partners as it scales. The company has already leveraged the location, hosting an investor day in the city in February to engage with the financial community.

Perhaps the most ambitious initiative is the company's plan to uplist its stock from the OTCID market to a national exchange like the NASDAQ or NYSE. The board has initiated the corporate governance process required for such a move, which includes seeking shareholder approval for necessary measures. Management believes a national listing would significantly broaden its investor base, attract institutional capital, improve trading liquidity, and enhance the company's overall credibility with larger strategic partners.

However, the path to a national exchange is rigorous. Companies must meet stringent financial and governance standards, including minimum thresholds for share price, market capitalization, and public float. With its stock currently trading well below the typical minimums, SafeSpace will likely need to demonstrate sustained revenue growth and achieve a higher valuation to meet the listing requirements.

A Four-Pronged Attack on the AI Safety Market

While senior living is the first vertical to generate revenue, it is just one of four core markets SafeSpace Global is targeting. The company's strategy involves leveraging its versatile multimodal AI platform—which integrates data from various sensors to provide comprehensive situational awareness—across several high-need sectors.

Beyond healthcare, the company has established footholds in:

• Education: Through its "SafeSchool™" product line, SafeSpace is targeting the K-12 and higher education markets. The company has a previously announced letter of intent to deploy advanced weapons detection technology in schools, addressing a critical need for enhanced security.
• Transportation: A pilot program with the Kansas City Area Transportation Authority (KCATA) is underway to test the AI platform's ability to enhance safety and security on public transit, a crucial application for urban environments.
• Correctional Facilities: The company also aims to deploy its technology, including weapons detection, in correctional facilities to improve safety for both staff and inmates.

This multi-vertical approach creates independent pathways to revenue and diversifies the company's market risk. By proving its platform's value in one sector, SafeSpace can create a powerful case study for adoption in others, amplifying the overall commercial potential of its technology ecosystem as it moves forward with its growth plan.