Notification of Investment
StreaksAI invests £250,000 in Roundhouse Media, acquiring 14.68% stake in cryptocurrency and AI Agent-focused studio.
- Investment amount £250,000
- Stake acquired 14.68%
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StreaksAI PLC (LSE: STK), a UK-based generative AI platform, is pleased to announce an investment of £250,000 into Roundhouse Media Pte Ltd ("Roundhouse"), a non-fungible token-focused media studio based in Singapore (the "Investment"). Roundhouse is developing further products in the cryptocurrency, meme coin and AI Agent space. The Board believes these are growing areas and the Investment has the potential to enhance returns to its shareholders. Following the Investment, StreaksAI will hold 14.68% of Roundhouse.
Related Party Transaction
SteaksAI's Investment into Roundhouse constitutes a related party transaction as Mike Edwards is a director of the Company and of Roundhouse. Accordingly, the Investment is being treated as a related party transaction pursuant to paragraph 7.3 of the Disclosure Guidance and Transparency Rules. StreaksAI's directors (other than Mike Edwards) confirm that the Investment is fair and reasonable from the perspective of StreaksAI and its shareholders.
For more information on the Conversational Gaming AI product, please visit www.playstreaks.com
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