Aibotics to Acquire Empulser Enterprises in Stock Deal
Aibotics has signed an agreement to acquire Empulser Enterprises for up to $22 million in Series C Preferred Stock, with a portion contingent on milestone-based earn-outs over 36 months. Empulser Enterprises will become a wholly owned subsidiary.
Aibotics signed a Share Exchange Agreement to acquire 100% of Empulser Enterprises, which will become a wholly owned subsidiary. The consideration consists of Series C Preferred Stock with an aggregate stated value of up to $22 million, including 220,000 shares at closing and up to ten milestone-based earnouts.