BrandPilot AI Completes Merger, Eyes Market Return
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BrandPilot AI Completes Merger, Eyes Market Return

Universal Proptech (DE:8LH) has released an update.

BrandPilot AI Inc., previously known as Universal Proptech Inc., has completed its business transformation by finalizing a deal with Xemoto Media Ltd., resulting in a merger that leaves former Xemoto shareholders with a 46.03% stake in the new entity. The company now focuses on providing digital marketing and technology services, connecting social media influencers with various customers. It’s set to re-enter the market, with shares trading on the Canadian Securities Exchange under the ticker ‘BPAI’ by July 9, 2024.

For further insights into DE:8LH stock, check out TipRanks’ Stock Analysis page.

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