Loan Artificial Intelligence Corp. (LAAI) is a shell company with no operating business, no revenue, and no employees. LAAI's sole purpose is to identify and acquire a private operating company through a reverse merger, a structure that allows a private company to gain a public listing by merging into an existing public shell. LAAI funds its operations through capital raises and equity issuances. The company has a long history of failed business ventures — spanning a department store, a brewing company, a pizza holding company, a nutraceuticals business, and a fitness event planning subsidiary — and went through a custodianship process in 2022 after its corporate charter was revoked and its board became non-functional. In October 2025, LAAI announced a pending acquisition of Hong Technology Group, a Hong Kong-based company focused on AI-integrated hardware and technology products for consumer, enterprise, and industrial use cases. If completed, this acquisition would become LAAI's primary operating business. As of the most recent filing, definitive transaction documents had not been signed, though Hong Technology Group delivered its first audited financials in early 2026, satisfying a key prerequisite for the deal. LAAI is run by two officers and two directors, with Raymond Fu serving as CEO.