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.
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