RiskOn International, Inc. - ROI STOCK NEWS

RiskOn International, Inc. (Nasdaq: ROI) partners with Meetkai, Inc. to launch askROI.com, a cutting-edge AI platform, aiming to revolutionize generative AI by providing tailored business solutions beyond traditional large language models. Scheduled to go live by March 4, 2024, askROI offers unique features like comprehensive data ingestion, going beyond traditional LLM limitations, and seamless SaaS integration. RiskOn believes askROI will be a game-changer for business professionals, offering instant data insights and streamlined workflow solutions.

RiskOn International, Inc. (Nasdaq: ROI) announced the resignations of its Chairman and CEO, Randy May, and CFO, Jay Puchir, with Todd Ault and Kayson Pulsipher appointed as their replacements. The changes will take effect on January 29, 2024.

RiskOn International, Inc. (ROI) partners with Meetkai, Inc. to launch askROI, an AI product designed to improve data management for businesses and individuals. The partnership was discussed on Fox Business with Charles Payne, showcasing the future of Meetkai and its mission. askROI is accepting requests for pilot programs to create custom enterprise solutions for data management and efficiency.

RiskOn International, Inc. (Nasdaq: ROI) announces the launch of 'askROI.com,' an innovative AI product designed to improve data management for businesses and individuals. The product is developed in partnership with Meetkai, Inc. and is led by James Kaplan, Co-Founder and CEO of Meetkai. Additionally, a pilot program is announced in collaboration with Effvision Business Solutions to further develop the platform.

Ault Alliance, Inc. (AULT) Announces Subsidiary RiskOn International, Inc. (ROI) to Unveil New AI Platform and Technology Partner

RiskOn International, Inc. (Nasdaq: ROI) is set to announce its new generative artificial intelligence (AI) platform and a strategic collaboration with its technology partner on January 3, 2024. The partnership involves a full stack application built around large language model (LLM) and jointly developed business applications, aiming to provide value for businesses of all sizes. Randy May, CEO of RiskOn, stated that the goal is to commercialize the partner's proprietary LLM research and development to integrate advanced AI capabilities into daily operations.

RiskOn International, Inc. (Nasdaq: ROI) has filed an appeal to the Delisting Letter received from the Nasdaq Stock Market LLC. The company did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1), and the Hearing has been scheduled for February 29, 2024. CEO Randy May expressed confidence in the plan to regain compliance with the Equity Rule.

RiskOn International, Inc. (Nasdaq: ROI) announced the appointment of Kurt Flygare as the Chief Executive Officer of GuyCare Management, Inc., a wholly owned subsidiary of GuyCare, Inc. Kurt has extensive experience in leading companies in sales, marketing, finance, and business development. He previously served as the Chief Revenue Officer at Visible Supply Chain Management LLC, where he drove strong revenue increases and was responsible for company revenue, business development, marketing, and sales. Randy May, CEO of RiskOn, expressed excitement about Kurt's ability to lead, manage, and motivate diverse teams to achieve positive results and significant changes within his previous organizations.

RiskOn International, Inc. (Nasdaq: ROI) announced the execution of a Securities Purchase Agreement with Ault Alliance, Inc. for the sale of 603.44 shares of newly designated Series D Convertible Preferred Stock for a total purchase price of $15,085,930.69. The purchase price will be paid by the cancellation of cash advances made by AAI to the Company between January 1, 2023, and November 9, 2023. Each Preferred Share has a stated value of $25,000.00 per share and is convertible at AAI’s option into shares of the Company’s common stock at a fixed conversion price of $0.51 per share, representing a 46% premium to yesterday’s closing price. The Preferred shares also have “full ratchet” price protection in the event the Company issues securities at a lower price than the Conversion Price. The Transaction is expected to close on November 15, 2023, after the filing of the Certificates of Designations of the Rights, Preferences, and Limitations of the Preferred Shares.