Avant Technologies Reshuffles Deal and CFO Position

Avant Technologies ( (AVAI) ) just unveiled an update.

Avant Technologies, Inc. and Wired4Health, Inc. mutually agreed to terminate their previous asset purchase agreement, nullifying the transaction and releasing each other from any further claims or obligations. This decision comes with the retention of payments already made by Avant and the voiding of the promissory note and associated legal instruments. Concurrently, Avant’s CFO, William Hisey, stepped down without disputes, and Mr. Racius, the COO, has taken over as the interim CFO while maintaining his other executive roles.

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