Aibotics acquires PlayJamaica's NovaCore Labs assets for $225K in preferred; earn-out up to $3M

AIBOTICS, INC.

Closed Oct 14, 2026 acquisition of PlayJamaica's NovaCore Labs robotics/drone/AI mapping assets for 22,500 Series B Preferred shares with $225,000 stated value.
Earn-out up to $3,000,000 in Series B Preferred over 4 years: four $750,000 tranches at cumulative gross revenue of $500K, $1.5M, $3M and $5M.
Assumed only ~$35,000 of liabilities for certain drones/generators; Company does not assume other PlayJamaica liabilities. Closing occurred Oct 14, 2026.
Gregory Moore named CEO of NovaCore, Ryan Moore VP; each gets 50,000,000 Aibotics common shares vesting over 3 years; bonuses 10%/8% of NovaCore net income, capped $500,000/year.
Company to deploy $1,000,000 in NovaCore over 12 months, intended funded by Regulation A offering; failure to fund gives PlayJamaica 12-month repurchase right at 8% interest.

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