ANONYMOUS INTELLIGENCE COMPANY COMPLETES ACQUISITION OF HALLER.AI
July 14, 2023
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News Release -Vancouver, British Columbia, July 14, 2023 - Anonymous Intelligence CompanyInc. (CSE: ANON) (OTC: ANICF) (FRANKFURT: 1JI0) (“ANON” or the “Company”),a leading computational intelligence, decentralizednetwork and data technology company, focused on leveraging its proprietarysuite of AI and privacy enabled products to empower increased confidence intechnology for consumers and business alike, is pleased to announce that further to its news releases dated July 11,2023, it has completed the acquisition (the “Acquisition”) of Haller.ai TechnologiesInc. ("Haller.ai") pursuantto a Share Purchase Agreement (the “Agreement”) dated July 10, 2023.
As previously disclosed on July 11, 2023,Allan Larmour has resigned, and Tyler Koverko has been appointed to the boardof directors.
Under the terms of the Agreement, the Company acquiredall of the issued and outstanding shares of Haller.ai and issued to theshareholders of Haller.ai 20,000,000 common shares (the “ConsiderationShares”) in the capital of the Company at a deemed price of $0.10 per shareand 10,000,000 bonus warrants (the “Consideration Warrants”) exercisableat $0.25 per Consideration Warrant for a five-year period. Both ConsiderationShares and Consideration Warrants are subject to voluntary resale restrictions.
Aspart of the Acquisition, a finder’s fee of 2,000,000 common shares (the “Finder’sShares”) were issued to an arm’s length party.
The Consideration Shares and Finder’s Shares aresubject to a four-month hold period pursuant to applicable Canadian securitieslaws.