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Nixzy子公司将收购Wizco的人工智能平台Ava
2025-03-07 21:17
- Nixxy (NASDAQ:NIXX) said on Friday that its majority-owned, publicly traded subsidiary, Atlantic Energy Solutions (OTC:AESO), which is in the process of rebranding as CognoGroup, has acquired Wizco Group.
- Under the terms of the agreement, Atlantic Energy will acquire the Ava software from Wizco Group along with its related intellectual property, commercial contracts, and business relationships.
- As consideration, AESO is obligated to issue 16.6M shares of its own common stock to Wizco's stockholders, subject to downside protection provisions. Additionally, AESO will issue 10M shares of AESO common stock to each of the two Wizco founders as part of an advisory services agreement, with these shares vesting over 12 months.
- Nixxy is not issuing any NIXX stock in this transaction and holds a convertible preferred equity position in AESO which, upon conversion, would represent 1B shares of AESO common stock.
- Source: Press Release
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