Brief: Genifi Announces Licensing Agreement

genifi

12/10/2023 22:48

Oct 12 (Reuters) - genifi inc  GNFI.V :
    * GENIFI ANNOUNCES LICENSING AGREEMENT
    * GENIFI INC - LICENSED ITS IDVERIFACT DIGITAL IDENTITY
PLATFORM
TO AN ARM'S LENGTH THIRD PARTY
    * GENIFI INC - LICENSING AGREEMENT, WHICH IS EFFECTIVE
SEPTEMBER
25, 2023 HAS AN INITIAL TERM OF FIVE YEARS AND MAY BE RENEWED
FOR ADDITIONAL FIVE YEAR TERMS
    * GENIFI INC- IN CONNECTION WITH EXECUTION OF LICENSING
AGREEMENT
LICENSOR HAS RETAINED FIVE EMPLOYEES
    * GENIFI INC - CONTINUES TO LOOK AT STRATEGIC ALTERNATIVES
FOR ITS
TUNL.CHAT GENERATIVE AI PLATFORM

Source text for Eikon:  ID:nCNWJVC1Fa 
Further company coverage:  GNFI.V 

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