Livechain acquires Humanyze debt for stock; seeks exchange uplisting
Vyome Holdings, Inc
- LICH acquired $5.765M senior secured convertible note of Humanyze from Remus Capital in exchange for 211.2M shares of LICH common stock (25% diluted stake).
- Transaction valued at ~$325,000; LICH will assume all Humanyze assets and operations via default and asset transfer.
- Humanyze is an MIT-incubated AI HR analytics company; Livechain aims to use acquisition to seek uplisting to a national exchange.
- Vyome remains majority shareholder of Livechain; deal structured as related party transaction approved by Audit Committee and Board.