Sagtec (SAGT) Global announced the execution of an addendum to a previously executed licensing agreement dated, significantly expanding its strategic partnership with Kinetic Seas Incorporated and establishing Kinetic Seas as Sagtec’s exclusive AI development and technology partner for Malaysia, Indonesia, Singapore, and the Philippines. This agreement transforms a training-focused collaboration into a comprehensive joint business development and AI co-creation alliance targeting the region’s rapidly growing market.The expanded partnership is strategically structured around an equity-based alignment and a new revenue-sharing model to ensure closely shared incentives for growth. Key terms include: Sagtec will issue 5.5 million Class A ordinary shares to Kinetic Seas, satisfying the original licensing fee and creating a foundational equity stake. The shares will be subject to a standard 12-month holding period under Rule 144. From all AI development projects secured under this partnership, Sagtec will receive 70% and Kinetic Seas 30% of gross project receipts. The collaboration includes provisions for joint development and shared intellectual property, ensuring both companies are fully invested in long-term innovation.
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