STOCK TITAN

Innovative Hold - IHAI STOCK NEWS

Welcome to our dedicated page for Innovative Hold news (Ticker: IHAI), a resource for investors and traders seeking the latest updates and insights on Innovative Hold stock.

Innovative Holdings Alliance, Inc. (OTC PINK: IHAI) drives technological advancements in battery power management and energy optimization, particularly for electric vehicles. This dedicated news hub provides investors and industry observers with timely updates on strategic developments, financial milestones, and operational progress.

Access official press releases and curated news covering IHAI's technology acquisitions, leadership appointments, and patent portfolio expansion. Key focus areas include EV battery management systems, strategic partnerships, and sustainable energy solutions derived from recent acquisitions like Premergy's patented innovations.

Our repository features updates on financial performance, corporate governance changes, and technology deployment across industries. Discover how IHAI's enhanced capabilities in battery thermal management and energy optimization address critical challenges in modern transportation systems.

Bookmark this page for streamlined access to verified information about IHAI's market position and technological roadmap. Check regularly for updates on emerging applications of their acquired intellectual property and evolving industry partnerships.

Rhea-AI Summary
Innovative Holdings Alliance, Inc. (IHAI) announced the acquisition of all assets of Premergy, Inc., a technology development company focused on global battery power management and energy optimization. The acquisition involved the exchange of 30,000,000 shares of IHAI's common stock for Premergy's assets, including 20 patents covering battery recharging technology. Richard Botts, Premergy's founder, became IHAI's Chief Technology Officer, and William Hayde was appointed Chief Executive Officer. The acquisition aims to continue developing opportunities to showcase Premergy's technology and grow the business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Innovative Holdings Alliance, Inc. (OTC PINK:IHAI) has entered a non-binding Letter of Intent with Premergy, Inc., a Georgia corporation, to purchase all of Premergy's assets, including its patents, in exchange for shares of IHAI's Common Stock and the assumption of certain liabilities of Premergy. The acquisition is expected to qualify as a reorganization under Section 368 of the Internal Revenue Code of 1986, with the closing anticipated before the end of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.67%
Tags
none
-
Rhea-AI Summary

Innovative Holdings Alliance, Inc. (OTC PINK:IHAI) announced a strategic Brand License Agreement with M2Bio Sciences Food and Beverage on March 14, 2023. This agreement allows IHAI Brands, Inc., a wholly owned subsidiary, to be the first licensee in the U.S. to market various CBD-infused products, such as Medspresso coffee, Liviana olive oil, and Dr. AnnaRx muscle rubs. The products will be sold via e-commerce, wholesale, retail, and through influencers. This partnership aims to enhance IHAI’s presence in the growing CBD market and reflects the company’s plan for U.S. distribution in 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
58.86%
Tags
none
Innovative Hold

OTC:IHAI

IHAI Rankings

IHAI Stock Data

1.20M
17.48M
Shell Companies
Financial Services
Link
United States
Alpharetta