AIBotics Acquires NovaCore Labs Assets From PlayJamaica

AIBotics completed its acquisition of NovaCore Labs' operating assets from PlayJamaica, expanding its technology platform in Jamaica. Consideration comprised 22,500 shares of Series B Preferred Stock with an aggregate stated value of $225,000. The agreement provides for up to $3 million in additional Series B Preferred Stock over four years, tied to revenue milestones. Cumulative gross-revenue milestones of $500,000, $1.5 million, $3 million and $5 million each trigger $750,000 in additional preferred-stock consideration. Acquired assets include robotics and drone equipment, mapping capabilities and intellectual property, supporting expansion across the Caribbean. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aibotics Inc. published the original content used to generate this news brief via (Ref. ID: 202610161652PRIMZONEFULLFEED9847658) on October 16, 2026, and is solely responsible for the information contained therein. (C)