M&A - OneMeta Inc.

Form Type: 10-K

Filing Date: 2025-03-06

Corporate Action: Acquisition

Type: Update

Accession Number: 000149315225009285

Filing Summary: OneMeta Inc. underwent a name change from WebSafety, Inc. on June 20, 2023. The Company focuses on artificial intelligence solutions, particularly aimed at breaking language barriers. It operates through the VerbumSuite, a platform providing real-time interpretation and translation services across 140 languages, which enables fluid communication among individuals and organizations. A significant acquisition occurred on August 1, 2022, when OneMeta acquired Metalanguage Corp, the intellectual property of which supports its AI-driven products. The Company's primary market includes businesses that utilize real-time interpretation services, and they aim to emerge as a leader in the translation technology market. As of the report’s date, OneMeta has successfully implemented various AI-powered products, such as VerbumCall and VerbumOnSite, designed for multilingual communication in corporate settings and live events, respectively. Financial results and competition in the AI translation space are discussed, indicating a growing demand for these technologies.

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