Gmex Robotics Corporation Enters Into Definitive Agreement To Acquire Strategic Equity Interest In Mediameta.Ai To Advance Social Intelligence - GMEX News | Rallies
GMEX Robotics enters agreement to acquire equity stake in Alpha Meta AI
GMEX Robotics Corp said it has entered into a definitive agreement to acquire a strategic equity interest in Mediameta.ai to advance social intelligence.
GMEX Robotics Corp said it will buy a 30% equity interest in Alpha Meta AI, with an option for a controlling stake.
The purchase consideration includes cash and GMEX common shares.
The issuer targets more than $52.60 million in revenue in five years, and GMEX is entitled to an adjustment if that is not met.