Braiin, which is developing an AI platform and autonomous robotics for agriculture and other applications, is set to begin trading on the Nasdaq on Thursday, February 12, under the ticker BRAI in connection with its direct listing. Maxim Group LLC acted as financial advisor on the listing.
The Registered Shareholders plan to sell up to 68.7 million shares. The shares of common stock listed will be sold by existing shareholders; Braiin will not raise new capital in its listing.
The Reference Price will be determined by the Nasdaq and the advisor based on buy and sell orders. Prior to its 4:1 stock split, Braiin sold shares in private placements at $40.68 per share; if the company listed its shares at a price of $10.17, adjusted for the split, it would be valued at $699 million.
The Subaico, Australia-based company was founded in 2015 and booked $73 million in revenue (incl. acquisitions) for the 12 months ended June 30, 2025. Braiin had previously agreed in 2023 to go public via SPAC merger with Northern Revival Acquisition (NRAC); the transaction did not close, and NRAC has since been delisted.
Braiin Limited leverages AI/ML technologies across AgTech, PropTech, and Consumer Experience as a Service (CXaaS) with a primary focus on agriculture where its platform integrates autonomous aerial drones, IoT sensors, and machine-learning models to deliver real-time crop health, soil condition and weather-risk insights. Its consumer platform can support household energy usage, home warranty and protection add-ons, and SME product lines for landlord and commercial property services.
