Predictiv AI Formalizes ThermalPass Relationship with Commersive
TSXV: PAI
OTC: INOTF
FSE: 71TA
**Predictiv AI Inc.**, www.predictiv.ai, a software and solutions provider in the artificial intelligence markets, is pleased to announce that Predictiv AI and Commersive Solutions Corp. have entered into a shareholders agreement dated June 3, 2021 for SMRT Labs Inc.
In connection with formalizing SMRT, Predictiv AI has agreed to the following issuances to Commersive:
* 1,818,181 common share purchase Warrants (the "Warrants") of the Company, with each Warrant exercisable into a common share of the Company at an exercise price of $0.3575 per share for a period of 3 years; and
* 2,272,727 common shares of the Company on the following terms: (i) 1,136,363 common shares shall be issued upon SMRT completing the sale of 80 units of ThermalPass and SMRT receiving payment for such sales; and (ii) the remaining 1,136,364 common shares shall be issued upon SMRT completing the sale of an additional 170 units of ThermalPass and SMRT receiving payment for such sales.
Predictiv AI is not making any express or implied claims that its product has the ability to eliminate, cure, or contain the COVID-19 (or SARS-2 coronavirus) at this time.
Find the full release here at: [https://ca.finance.yahoo.com/news/predictiv-ai-formalizes-thermalpass-relationship-123000317.html](https://ca.finance.yahoo.com/news/predictiv-ai-formalizes-thermalpass-relationship-123000317.html)
Stay safe, this is not financial advice!!
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