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0.016304347826087 0.00543478260869566 0.00815217391304342 0.00815217391304342 0.00543478260869566 0.0108695652173913 -0.0135869565217392 -0.0103532608695652
Stock impact report

Vyome Subsidiary LiveChain (LICH) to Acquire Senior Secured Note in Humanyze, An MIT Incubated Company

Vyome Holdings, Inc. (HIND) 
Company Research Source: Business Wire
Vyome Board completes review of strategic alternatives for LICH, executes critical first step in building a scalable, standalone business CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vyome Holdings, Inc. (“Vyome’) (Nasdaq: HIND) announced its subsidiary, LiveChain, Inc. (“Livechain” or “LICH”) (OTC Markets: LICH) has executed a binding letter of intent (“LOI”) with Remus Capital, a leading AI-focused venture capital firm, that will put LiveChain in control of the Humanyze brand, intellectual property, and other know-how of Sociometric Solutions, Inc. DBA Humanyze (“Humanyze”), a rapidly emerging AI-enabled human resources data and analytics company.The LOI contemplates that, as consideration for the transaction, LICH shall issue shares of its common stock valued at approximately $325,000, in exchange for acquiring a senior secured convertible note between Remus and Humanyze. Through this transaction, LICH will be the senior secured creditor of Humanyze, whose note is secured by a lien in all Show less Read more
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