Motor AI Recognition Solution Company Limited announced a private placement of 50,000 ordinary shares at a price of THB 100 per share for returning investors Thaivivat Insurance Public Company Limited, Plus IT Solution co., ltd., and OZT Robotics Co.,Ltd. for gross proceeds of THB 5,000,000 on July 4, 2022. The transaction is approved by the board of directors. Thaivivat Insurance Public Company Limited will subscribe for 37,500 shares, Plus IT Solution co., ltd. will subscribe for 6,250 shares, and OZT Robotics Co.,Ltd. will subscribe for 6,250 shares; to retain their existing stake of 75%, 12.5% and 12.5% respectively.