LOI Signed for AI Focused Company - InvestingChannel

LOI Signed for AI Focused Company

This dynamic organization is always on the lookout for businesses that can deliver value and strong growth, and they just recently signed an LOI for a company that specialized in %AI and %Robotics software development.

Disruptive business developer, %LiventoGroup ($NUGN), announced the signing a binding Letter of Intent for the acquisition of a Software Engineering Company focused on AI and Robotics in its press release today.

Livento Group will complete the acquisition in full in exchange for shares, and the acquisition adds positive cash flow from day one. CEO David Stybr stated, “We are excited to announce that we finalized our due diligence and valuation negotiations,” and that final documentation should be signed in January 2023 and at that point full information about the transaction will be released.

Shares of Livento were trading at $0.0688 in morning trade.

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