other material
confidence high
sentiment neutral
materiality 0.25
Ainos extends patent license with TCNT for three months at $95k/month
Ainos, Inc.
- Second Addendum extends non-exclusive patent use for VOC/POCT tech from July to Sept 2024.
- Monthly fee of US$95,000 plus 5% sales tax for the three-month extension.
- Co-development fee of NT$5 million (≈USD$161,000) paid for five-year period starting 2024.
- TCNT holds ~39% voting power of Ainos via a Cayman entity; related party transaction.
- Scope includes VOC diagnostics, AI Nose, POCT, VELDONA drug processing, and more.