Braight AI has completed the acquisition of all of the issued and outstanding in the capital of Epeer Spółka Z Ograniczoną Odpowiedzialnością ("Epeer"), a limited liability company existing under the laws of
In connection with the Closing and pursuant to the terms and conditions of a share exchange agreement dated
The Company intends to leverage Braight AI's technology to accelerate its user verification process and explore other ways the technology can benefit its lotto and gaming platforms.
In connection with the Transaction and in consideration of the introduction to the Company, the Company has issued 6,846,350 common shares of the Company (the "Finder's Shares") to an arm's length finder at a deemed value of
The Transaction is an arms-length transaction. On Closing, the Company has appointed Jakub Bąbelek and
Braight AI, through Epeer, is a leading provider of Artificial Intelligence (AI) Big Data analytics solutions. Braight AI specializes in leveraging the power of AI to extract actionable insights from vast amounts of data, empowering businesses to make informed decisions They offer two cutting-edge AI solutions tailored to address specific business needs: AI Risk and AI Marketing.
Established in 2005,
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain statements that may be deemed "forward-looking statements". The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com.
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