Alset AI Extends Marketing Partnership with Machai Capital

Alset AI Ventures Inc., a Vancouver-based AI venture firm, has announced an extension of its digital marketing contract with Machai Capital Inc. This second amendment prolongs the agreement until December 12, 2025, with services originally beginning on June 12, 2025. No additional funds beyond the initial consideration of $400,000 are involved for this extension, pending approval by the TSX Venture Exchange.

CEO Adam Ingrao expressed confidence in the partnership, emphasizing its role in enhancing market communication during a pivotal company phase, as Alset AI prepares to launch its Lyken.AI platform.

Additionally, Alset AI has granted 2,000,000 incentive stock options and 2,500,000 restricted share units to its team. These grants are part of the company's incentive plan, awaiting approval at the upcoming shareholder meeting on August 26, 2025.