---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-000428"
form_type: "8-K"
ticker: "AIBT"
cik: "0001763329"
company_name: "AIBOTICS, INC."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:13:57.486489+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mycotopia Therapies, PSLY.com, and Ei.Ventures mutually terminate merger agreement

## Summary
- Parties agreed to terminate the Agreement and Plan of Merger dated May 17, 2022 on February 16, 2023.
- PSLY.com is withdrawing its Form S-4 Registration Statement and discontinuing its Nasdaq listing application.
- CEO David Nikzad cited it was not the right time for the business combination or Nasdaq listing.
- Mycotopia CEO Ben Kaplan noted overall market conditions were not favorable for creating optimal shareholder value.

## SEC filing metadata
- accession: 0001096906-23-000428
- form_type: 8-K
- ticker: AIBT
- cik: 0001763329
- company_name: AIBOTICS, INC.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1763329/000109690623000428/0001096906-23-000428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1763329/000109690623000428/tpia-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-000428
- JSON: https://secwatch.observer/filing/0001096906-23-000428.json
- Plain text: https://secwatch.observer/filing/0001096906-23-000428.txt

## Key facts
- Material Agreements
  AIBOTICS, INC. terminated Agreement and Plan of Merger with PSLY.com (effective 2023-02-16).
  - Action: termination
  - Agreement: merger
  - Counterparty: PSLY.com
  - Effective: 2023-02-16
  source text: On May 18, 2022, Mycotopia Therapies Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Agreement”) whereby the Company was to merge with a wholly owned subsidiary of PSLY.com. Simultaneously E.iVentures, Inc. (“E.i”) was to merge with a separate wholly owned subsidiary of PSLY.com. On February 16, 2023, the parties to the Agreement mutually agreed to terminate the Agreement and release each other.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1763329/000109690623000428/0001096906-23-000428-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.