Generative AI Solutions Corp. (“GenAI” or the “Company”) (CSE: AICO) (FSE: 99L.F) (OTC: AICOF) is pleased to announce that it has entered into a definitive agreement to acquire, and has completed the acquisition of, all of the outstanding securities of Global AI Billing Corp. (“Global AI Billing”) for 7.5 million common shares of GenAI (“GenAI Shares”) and the assumption by GenAI of US$1.25 million in existing liabilities of Global AI Billing (the “Transaction”), based on the terms of the previously announced non-binding letter of intent that was signed on April 24, 2023 and announced on April 25, 2023.
Read the full article: GenAI Completes Acquisition of Medical AI Billing Company and Enters into Marketing Agreement //
Source: https://www.prnewswire.com/news-releases/genai-completes-acquisition-of-medical-ai-billing-company-and-enters-into-marketing-agreement-301813887.html