Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), announces that it has entered into a non-binding letter of intent (“LOI”) for a potential business combination with Ainnova Tech, Inc. (Ainnova). Ainnova, the Company’s joint venture partner, is a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI). Ainnova’s technology portfolio includes its cutting-edge AI-powered platform technology, Vision AI, several key algorithms, and its proprietary automated retinal camera, which is currently in development.
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Source: https://www.prnewswire.com/news-releases/avant-technologies-signs-letter-of-intent-for-a-business-combination-302477521.html