Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
GBT Technologies (GTCH) has issued an announcement.
GBT Tokenize Corp. has struck a deal to sell key machine learning patents for radio wave-based imaging technologies to VisionWave Technologies Inc. for $30 million, payable in common stock. The deal is significant as it transfers ownership of patents critical for creating 2D/3D images of objects in motion, and includes a clause allowing for adjustment of the final price based on an independent valuation, with an option for GBT Tokenize to back out if the valuation falls short.
For detailed information about GTCH stock, go to TipRanks’ Stock Analysis page.