Nexscient signs LOI to acquire Flipside AI for $5.94M in cash, debenture, and stock

Nexscient, Inc.

Total consideration $5.94M: $600K cash, $450K convertible debenture, 6.52M restricted shares.
Flipside AI is Philippines-based data labeling/annotation provider with ~$9.2M revenue over last 4 years.
Flipside CEO Anthony De Luna to join Nexscient board and enter 5-year employment agreement.
Definitive agreement deadline Nov 30, 2025; transaction subject to due diligence and board approvals.
Acquisition aims to expand Nexscient's AI portfolio across healthcare, agriculture, automotive, and robotics.

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