Artificial Intelligence Technology Solutions Announces Regulation Crowdfunding for Robotic Assistance Devices Mobile Subsidiary

Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), is pleased to announce that its majority owned subsidiary Robotic Assistance Devices Mobile, Inc. (RAD-M) has begun a short private placement offering in accordance with Regulation Crowdfunding (Reg. CF) adopted by the U.S. Securities and Exchange Commission (SEC) through TruCrowd. Full details can be found here: https://us.trucrowd.com/equity/offer-summary/RAD-M.

RAD-M announces the launch of its dedicated website https://investinradm.com/ that identifies that letters of intent for pre-orders worth more than $16 million in total potential revenue of ROAMEO units have been received from a variety of dealers and end users including Fortune 500 companies.

“I believe this is a great opportunity for a wide variety of investors and enthusiasts to join the #RADArmy as we continue to define the Autonomous Remote Services industry that we expect will join manned guarding and physical security as a multi-billion dollar industry,” said Steve Reinharz, Founder and President of RAD-M. “End

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Crowdfunding platforms Crowdcube and Seers to merge

Crowdcube founder and CEO Darren Westlake will serve as executive chairman of the merged business. Photo: Crowdcube
Crowdcube founder and CEO Darren Westlake will serve as executive chairman of the merged business. Photo: Crowdcube

The UK’s two biggest crowdfunding platforms have announced plans to merge.

Crowdcube and Seedrs said in a joint statement on Monday they had agreed the terms of a merger. The combined company will be worth £140m ($181.2m).

Crowdcube will acquire Seedrs under the terms, with Crowdcube’s shareholders owning 60% of the combined business. Seedrs investors will receive 40%, reflecting the differing valuations of the two companies. Crowdcube was last valued at £84m and Seedrs is worth £56m. The exact financial terms weren’t disclosed.

“Today’s agreement is an incredibly exciting milestone that will benefit high growth businesses, their investors who believe in their vision and the wider entrepreneurial ecosystem that supports them,” said Darren Westlake, Crowdcube’s founder and chief executive.

“Together with Seedrs, we can accelerate plans to further expand in the UK and

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