M&A - AVANT TECHNOLOGIES INC.

Form Type: 8-K

Filing Date: 2025-02-27

Corporate Action: Merger

Type: Update

Accession Number: 000174079725000020

Filing Summary: On February 24, 2025, Avant Technologies Inc. entered into an Addendum I to the Joint Venture and License Agreement with Ainnova Tech Inc. Under this Addendum, the two parties have agreed to expand territories for Ainnova’s Technology Portfolio, granting proprietary rights to North America (the United States and Canada) and Europe. Additionally, the agreement stipulates a Global License extension to satisfy various conditions in the Joint Venture Agreement until May 30, 2025. Furthermore, there is a provision for a possible merger as outlined in the Term Sheet signed on September 21, 2024.

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