Bravo Multinational enters binding LOI to form streaming JV with Pythia; will contribute tech, Pythia contributes Vidgo

Bravo Multinational Inc.

Newco will be 51% owned by Pythia (voting) and 49% by Bravo; profits split 50/50.
Bravo to issue $1.4M convertible note to Pythia at closing; note convertible at Jan 4, 2024 closing price.
The JV aims to secure total $30M financing with $4.75M by Jan 31, 2024.
Board of 5: 3 designated by Pythia, 2 by Bravo; certain major decisions require at least one Bravo manager vote.
Closing subject to definitive agreement and due diligence; termination date Jan 30, 2024.

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