BUZZ-Australia's icetana gains most in 3 months on AI distribution deal

Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc.

ICE

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** Shares of Australia's icetana Ltd ICE.AX surge as much as 14.7% to A$0.039, marking their biggest intraday pct gain since March 13

** Stock touches highest level since May 18

** IT services firm says it has executed a distribution agreement with SoftBank Robotics America, expanding its partnership with SoftBank Robotics Group into the Americas

** Says agreement allows continued global expansion of co's AI technology

** The agreement opens doors for icetana AI at a scale and speed that the co could not achieve independently, says icetana CEO Kevin Brown

** YTD, stock down 25%, including session's gains