aiAdvertising (AIAD) has released an update to notify the public and investors about a termination of a material definitive agreement.
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The Company terminated its purchase agreement with GHS Investments, LLC, effective January 30, 2024, which originally allowed the sale of up to $10 million of the Company’s common stock to GHS. There are no penalties for the Company associated with this termination.
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For a comprehensive understanding of the announcement, you can read the full document here.