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Fandifi Announces Mutual Release With Intellect Dynamics

Fandifi Announces Mutual Release With Intellect Dynamics

Fandifi 宣佈與 Intellect Dynamics 共同發佈
newsfile ·  01/31 22:00

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Fandifi Technology Corp. (CSE: FDM) (FSE: TQ4) ("Fandifi" or the "Company"), announces its entry into a Mutual Release Agreement (the "Agreement") with Intellect Dynamics. ("ID").

不列顛哥倫比亞省溫哥華--(Newsfile Corp.-2024 年 1 月 31 日)- Fandifi 科技公司 (CSE:FDM)(FSE:TQ4)(“Fandifi” 或 “公司”)宣佈與Intellect Dynamics簽訂共同發行協議(“協議”)。(“ID”)。

As previously disclosed on May 20, 2021, the Company entered a definitive License Agreement with ID. for exclusive rights to use the Databionix platform in the Esports, Sports and Live Streaming/broadcast verticals. After thorough consideration, Management believes that it is in the Company's best interests to enter into a mutual release agreement with ID. This agreement will result in the release of all secured debt held against the Company by ID.

正如先前在2021年5月20日披露的那樣,公司與ID簽訂了最終許可協議,以獲得在電子競技、體育和直播/廣播垂直領域使用Databionix平台的獨家權利。經過深思熟慮,管理層認爲與ID簽訂相互釋放協議符合公司的最大利益。該協議將解除ID對公司持有的所有擔保債務。

This secured debt, comprising annual license fees totaling $1,000,000 CAD, payable in cash, stock or combination of both, had been secured against the intellectual property necessary for the operation of the Fandifi fan engagement platform (the "Platform"). The settlement of the accrued secured debt in either cash or conversion to stock would materially impact the Company's capital structure and finances. Given Fandifi's inability to financially support the ongoing maintenance of the proprietary IP and operate the platform without incurring further debt, Fandifi's Board of Directors and ID management have agreed to release all secured debt. Consequently, the ownership of the IP and source code of the Platform will revert to ID.

這筆有擔保債務,包括總額爲100萬加元的年度許可費,以現金、股票或兩者結合支付,以Fandifi粉絲參與平台(“平台”)運營所需的知識產權作爲擔保。以現金或轉換爲股票的應計有擔保債務的清算將對公司的資本結構和財務狀況產生重大影響。鑑於Fandifi無法爲專有知識產權的持續維護提供財務支持,也無法在不產生更多債務的情況下運營該平台,Fandifi的董事會和ID管理層已同意發放所有擔保債務。因此,平台的IP和源代碼的所有權將恢復爲ID。

"Recent market conditions relating to ongoing attempts to recapitalize the Company for the advancement and rollout of the Platform have led us to strategically realign our business plans. We undertake reviews of new business opportunities adaptable to current market conditions. The proprietary nature of the IP in question necessitates execution of the mutual release agreement as the ongoing operation of the platform is strictly dependent upon ID's proprietary source code. This mutual release provides the Company with the opportunity to strengthen the balance sheet for new business endeavors," states David Vinokurov, CEO and President of Fandifi.

“與持續嘗試對公司進行資本重組以推進和推出平台相關的近期市場狀況促使我們對業務計劃進行了戰略性調整。我們對適應當前市場條件的新商機進行審查。該知識產權的專有性質要求執行相互發布協議,因爲該平台的持續運營嚴格依賴於ID的專有源代碼。此次相互發布爲公司提供了加強新業務資產負債表的機會。” Fandifi首席執行官兼總裁戴維·維諾庫羅夫說。

The Agreement is effective as of the execution date of January 30, 2024. The company will issue updates accordingly as developments materialize with respect to new opportunities and initiatives.

該協議自2024年1月30日執行之日起生效。隨着新機遇和舉措的進展,該公司將發佈相應的最新消息。

Resignation

辭職

The Company also would like to announce the resignation of Philip Chen, Chairman of the Board from the Board of Directors.

公司還想宣佈,董事會主席陳永輝辭去董事會職務。

In acknowledging Mr. Chen's leadership during his tenure as Chairman of the Board, David Vinokurov adds, "Philip's unwavering commitment and strategic guidance have significantly contributed to the Company's industry exposure and development. We extend our sincere gratitude for his valuable contributions."

戴維·維諾庫羅夫在感謝陳先生擔任董事會主席期間的領導能力時補充說:“菲利普堅定不移的承諾和戰略指導爲公司的行業曝光率和發展做出了重大貢獻。我們衷心感謝他的寶貴貢獻。”

About Fandifi Technology Corp.

關於範迪菲科技公司

Fandifi is a crowd based and system generated prediction fan engagement platform. The Fandifi platform runs on associated neural networks tailor-made for content creators to increase gamification of their content and enable fan engagement within their communities regardless of the form of distribution. Whether Esports, Sports or any type of broadcast or streamed content, Fandifi is revolutionizing the way fans interact with their favourite content.

Fandifi是一個基於人群和系統生成的預測粉絲參與度平台。Fandifi平台在爲內容創作者量身定製的相關神經網絡上運行,以提高其內容的遊戲化程度,並使粉絲無論以何種發行形式參與其社區。無論是電子競技、體育還是任何類型的廣播或流媒體內容,Fandifi都在革新粉絲與他們喜愛的內容互動的方式。

For additional Information:

欲了解更多信息:

Investor Relations
David Vinokurov
CEO and President
Email info@fandifi.com
Phone +1 (604) 256 6990

投資者關係
大衛維諾庫羅夫
首席執行官兼總裁
發送電子郵件至 info@fandifi.com
電話 +1 (604) 256 6990

DISCLAIMER:

免責聲明:

The CSE has not reviewed and does not accept responsibility for the adequacy and accuracy of this information. This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors and uncertainties, many of which are beyond the Company's control. Some of these risks and uncertainties may be described in the Company's corporate filings (posted at ).

CSE未對這些信息的充分性和準確性進行審查,也不承擔任何責任。本新聞稿可能包含前瞻性陳述。這些前瞻性陳述不能保證未來的事件或業績,不應作爲依據。由於許多因素和不確定性,實際結果可能存在重大差異,其中許多因素和不確定性是公司無法控制的。其中一些風險和不確定性可以在公司的公司文件中描述(發佈於)。

The Company has no intention or obligation to update or revise any forward-looking statements due to new information or events. This press release contains forward-looking statements about FANDIFI. Forward-Looking statements may be identified by the use of words like "believe," "expect," "anticipate," "estimate," "plan," "consider," "project," and similar references to the future. Forward-Looking statements reflect FANDIFI's good-faith evaluation of information available at the time the forward-looking statements were made. These forward-looking statements are subject to a number of risks and uncertainties, and our actual results may differ materially from those projected. Please refer to FANDIFI's annual and quarterly reports filed on SEDAR for a full discussion of those risks and uncertainties we view as most important. Forward-Looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at or by which any such performance or results will be achieved. As a result, actual outcomes and results may differ materially from those expressed in forward-looking statements. We undertake no obligation to update or revise forward-looking statements.

由於新的信息或事件,公司沒有意圖或義務更新或修改任何前瞻性陳述。本新聞稿包含有關FANDIFI的前瞻性陳述。前瞻性陳述可以通過使用 “相信”、“期望”、“預測”、“估計”、“計劃”、“考慮”、“項目” 等詞語以及對未來的類似提法來識別。前瞻性陳述反映了FANDIFI對發表前瞻性陳述時可用信息的真誠評估。這些前瞻性陳述受許多風險和不確定性的影響,我們的實際業績可能與預期存在重大差異。請參閱FANDIFI在SEDAR上提交的年度和季度報告,全面討論我們認爲最重要的風險和不確定性。前瞻性陳述不是、也不應作爲未來業績或業績的保證,也不一定能被證明是實現任何此類業績或結果的時間或屆時機的準確指示。因此,實際結果和結果可能與前瞻性陳述中表達的結果和結果存在重大差異。我們沒有義務更新或修改前瞻性陳述。

SOURCE FANDIFI TECHNOLOGY CORP ###

來源 FANDIFI 科技公司 ###

To view the source version of this press release, please visit

要查看本新聞稿的源版本,請訪問

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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