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Viewbix to Acquire 19.99% Stake in AI and Natural Language Processing Grammar Company
Viewbix Inc.
- Viewbix will issue 9.99% of its stock in exchange for 19.99% of Metagramm's outstanding shares.
- Metagramm developed 'Bubbl', an AI writing tool utilizing NLP, SLMs, and LLMs.
- Company amended its $2.5M credit facility and entered a $3.0M credit facility at 12% interest with conversion features.
- Press release issued July 30, 2024; shares to be issued under Regulation S exemption.