Mining & Metals
SonicStrategy Up 9.5% as it Signs Pact to Buy AI Infrastructure Assets From ARKLAB AI
SonicStrategy (SONI.CN) shares rose 9.5% after it signed a non-binding letter of intent (LOI) to buy certain AI infrastructure assets from ARKLAB AI, including proprietary software and intellectual property, it said in a statement on Tuesday.The founder of ARKLAB AI is expected to join SonicStrategy as part of the proposed deal, to lead the continued development of the platform.Shares of the company were last seen up C$0.01 at C$0.115 on the Canadian Securities Exchange.Price: $0.12, Change: $+0.01, Percent Change: +9.52%
$SONI.CN
