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Nexera Technologies Signs Definitive Agreement to Sell KeepZone AI to a Global Aerospace and Defense Company for up to $6 million

Source: globenewswire.com

M&A & RestructuringArtificial Intelligence
Nexera Technologies Signs Definitive Agreement to Sell KeepZone AI to a Global Aerospace and Defense Company for up to $6 million

Nexera agreed to sell its wholly owned subsidiary, KeepZone AI, for $1 million in acquiror securities at closing. The transaction also provides for up to $5 million in additional cash earn-out consideration tied to KeepZone AI’s net profit over the subsequent 24 months.

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