
INTURAI VENTURES COMPLETES DOMECOMMAND ACQUISITION
PRNewsWire
Published: Sep 01, 2026, 07:01 AM
Sentiment Analysis
The Company has completed its previously announced acquisition of the DomeCommand domecommand.ai. intellectual property, an AI-driven command-and-control (C2) platform for autonomous drone swarms, pursuant to the terms of a definitive asset purchase agreement.
Inturai Ventures Corp. announces that further to its news releases dated July 6, 2026 and August 19, 2026, the Company has completed the acquisition (the " Acquisition ") of the intellectual property behind DomeCommand, an AI-driven command-and-control platform for autonomous drone swarms, together with a perpetual, royalty-free, worldwide licence to the Distri software it runs on (the " Purchased Assets "), pursuant to the terms of a definitive asset purchase agreement (the " Asset Purchase Agreement ").
Under the Acquisition, the total consideration payable for the Purchased Assets is up to C$6,025,000, made up of a C$25,000 upfront payment and the issuance of up to 30,000,000 common shares of the Company (the " Consideration Shares ") at a deemed price of C$0.20 per Consideration Share.
Pursuant to the Asset Purchase Agreement, the Company issued 10,000,000 Consideration Shares (the " Initial Consideration Shares "), which Initial Consideration Shares are subject to vesting restrictions, such that 5,000,000 Initial Consideration Shares shall vest and be released on the date that is 12 months following issuance and the remaining 5,000,000 Initial Consideration Shares shall vest and be released on the date that is 24 months following issuance.
The balance of the 20,000,000 Consideration Shares are issuable upon the satisfaction of the following performance metrics: (A) 10,000,000 Consideration Shares are issuable upon either (i) the Purchased Assets generating $1,000,000 in cumulative revenue or (ii) the common shares of the Company trading on the Canadian Securities Exchange at a price of $0.40 or more; and (B) 10,000,000 Consideration Shares are issuable upon either (i) the Purchased Assets generating $3,000,000 in cumulative revenue or (ii) the common shares of the Company trading on the Canadian Securities Exchange at a price of $0.60 or more (collectively, the " Performance Consideration Shares ").
All Consideration Shares issuable pursuant to the Asset Purchase Agreement are subject to a statutory hold period of four months and one day pursuant to applicable securities laws. In addition, the Performance Consideration Shares will be subject to an additional voluntary resale restriction of six (6) months following issuance.
Inturai Ventures is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as healthcare, military, smart homes, and industrial applications. For more information, visit www.inturai.com.
Source: PRNewsWire
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