Avalon GloboCare Corp. has acquired RPM Interactive, Inc., a generative artificial intelligence publishing and software company, in an all-stock transaction.
The acquisition has led to the formation of a new subsidiary, Avalon Quantum AI, LLC, enhancing the company's AI capabilities.
This strategic move is expected to resolve Nasdaq minimum stockholders' equity deficiency and expand Avalon's digital reach and brand visibility.
Acquisition Details
Acquisition completed through an all-stock transaction with 19,500 shares of Series E Preferred Stock issued to RPM's stockholders for a total purchase price of $19.5 million.
Catch-Up SaaS Platform
RPM developed a highly automated, generative AI-powered SaaS platform for creating short-form video content, expected to revolutionize content creation and monetization.
Integration with Consumer Health Products
Avalon plans to leverage RPM's Catch-Up platform to support marketing initiatives for KetoAir™, enhancing digital engagement and audience reach.
Strategic Significance
The acquisition marks a significant step for Avalon, enhancing marketing capabilities and strengthening its position in the precision wellness market.
- The Catch-Up SaaS platform by RPM is set to disrupt the content creation industry, enabling efficient video production across various categories.
- Avalon's integration of RPM's AI technology is expected to accelerate audience reach, drive digital engagement, and boost adoption of its consumer health products.
The acquisition of RPM Interactive represents a strategic move for Avalon GloboCare Corp., positioning the company for enhanced marketing capabilities and increased digital engagement. The collaboration between RPM's innovative AI studio and Avalon's consumer health products holds promise for significant growth and expansion in the precision wellness market.