representative work Acquires AI and Robotics Business for $16.7 Million


On April 18, 2024, Corp., a TSXV-listed technology investment company, completed a series of transactions which culminated in the purchase of all of the issued and outstanding shares of Simulacra Corporation, a Nevada-based technology company focused on the integration of artificial intelligence and humanoid robotics.

The purchase price for the acquisition was $16.7 million and was satisfied by way of the issuance of common shares of The transaction also included an earn-out component in favour of the former Simulacra shareholders.

Cassels acted for

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