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AI/ML Innovations Inc. Completes Acquisition of Technology from Naiad Lab Inc.

AI/ML Innovations Inc. Completes Acquisition of Technology from Naiad Lab Inc.

VICTORIA, BC / ACCESSWIRE / August 23, 2024 / AI/ML Innovations Inc. (“AIML” or the “Company”) (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a leading company focused on acquiring and developing artificial intelligence/machine learning technologies that …

VICTORIA, BC / ACCESSWIRE / August 23, 2024 / AI/ML Innovations Inc. (“AIML” or the “Company”) (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a leading company committed to acquiring and developing artificial intelligence/machine learning technologies that address pressing societal needs, is pleased to announce that it has completed the previously announced acquisition of technology from Naiad Lab Inc. The Company issued an aggregate of $6,700,000 at a set price of $0.05 per share to Naiad Lab Inc.

Under the Agreement, the issued Ordinary Shares are subject to a voluntary holding period of twelve months.

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