Being AI broaches Send Global sale to Evan Christian for $8.8m
Troubled 'AI' company says sale of its main asset to its 86% shareholder is best option to avoid 'potential inability to meet its debt obligations'.
Being AI listed on the NZX in April 2024.
The board of NZX-listed Being AI has proposed the sale of its only remaining business – mail and logistics company Send Global – to its majority shareholder as a way of clearing its debts.
The sale would see Evan Christian’s Wilshire Treasury Limited entity pay nearly $8.79m, covering Being
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