
Thursday, January 30, 2025 6:33:05 AM
We are thrilled to announce a major milestone in the growth and development of Strong AI. After securing the Letter of Intent (LOI) with The NFT Marketplace (NFTM) late last year, we have now officially signed the Share Purchase Agreement (SPA) with NFTM, moving one step closer to our vision of global expansion.
A New Chapter for Strong AI
This agreement marks an important development in the journey of Strong AI. Under the terms of the SPA, NFTM will acquire 100% of Strong AI’s share capital in exchange for ten million shares of NFTM common stock, valued at approximately $8 million. The shares will be issued in five instalments over the next 12 months, contingent upon the successful achievement of key milestones that align with NFTM’s strategic goals and growth trajectory.
This acquisition is not only a testament to the hard work, innovation, and dedication of our team, but it also demonstrates the growing recognition of Strong AI’s potential in the rapidly expanding field of mental health technology. The move to join forces with NFTM will help accelerate the development of our ground breaking AI-driven mental health platform, further enabling us to provide accessible, empathetic, and scalable mental health support for those in need.
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