Gaxos.ai sells gaming assets to Game Foundry AI in all-stock deal valued at $1.76 million
Gaxos.ai Inc.
Gaxos.ai Inc. GXAI | 0.00 |
- Gaxos.ai sold its gaming assets, including its mobile game portfolio and Gaxos Gaming Labs, to privately held Game Foundry AI.
- All-stock deal valued at about USD 1.76 million.
- Divestiture streamlines operations, shifts focus to higher-margin AI business lines with stronger revenue potential.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gaxos.ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606240812PRIMZONEFULLFEED9751603) on June 24, 2026, and is solely responsible for the information contained therein.
