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Octobotic Corp. plans to spin off its AI commerce platform into a separate company via a deal with a SPAC, pending approval.
Octobotic Corp. plans to spin off its Alive Advisor Atlas AI platform into a standalone company, signing a non-binding deal with a NYSE-listed SPAC.
The move aims to provide the platform with independent capital and governance to expand its AI-driven commerce infrastructure globally.
The platform, designed for territory-based operators, offers autonomous agents, multilingual support, and scalable deployment.
Phase II development focuses on improving enterprise readiness and cross-border functionality.
The transaction is pending due diligence, regulatory approval, and final agreements, with no guarantee it will close.
The company is also exploring licensing and other growth strategies.
Octobotic Corp. planea separar su plataforma de comercio de IA en una compañía separada a través de un acuerdo con un SPAC, en espera de aprobación.