Brief: Tiscali, Expert.ai Execute Investment Agreement In Villanova.ai
26/09/2025 06:33
Sept 26 (Reuters) - Tiscali Italia SpA, ExpertAi SpA EXAI.MI: SAID ON THURSDAY COMPANIES HAD EXECUTED INVESTMENT AGREEMENT RELATED TO VILLANOVA.AI, EFFECTIVE FROM OCTOBER 1 TISCALI TO CONTRIBUTE IN KIND TO VILLANOVA PROJECT WITH TANGIBLE ASSETS, EMPLOYEES, CONTRACTS, KNOW-HOW EXPERT.AI TO EXECUTE CASH INVESTMENT OF EUR 1.2 MLN INTO VILLANOVA.AI SHARE CAPITAL THROUGH SUBSCRIPTION OF RESERVED CAPITAL INCREASE VILLANOVA.AI TO EXECUTE COMMERCIAL AGREEMENT WITH EXPERT.AI FOR PROVISION BY LATTER OF RESEARCH ACTIVITIES, SUPPORT FOR DEVELOPMENT, COMMERCIALIZATION OF PRODUCTS, SOLUTIONS VILLANOVA.AI TO BE TRANSFORMED INTO JOINT-STOCK COMPANY, TISCALI TO HOLD 60% OF VOTING RIGHTS, EXPERT.AI 40% SUBSEQUENTLY, SUBJECT TO ATTAINMENT OF ITALY'S GOLDEN POWER AUTHORIZATION, TISCALI TO HOLD 60% OF SHARE CAPITAL, 50% OF VOTING RIGHTS, EXPERT.AI TO HOLD 40% OF SHARE CAPITAL, 50% OF VOTING RIGHTS Further company coverage: TSL.MI EXAI.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))