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Strategic Alliance signed with Nexscient Inc

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Tekcapital plc has entered into a strategic alliance with Nexscient, Inc. to identify and acquire transformative intellectual property assets for Nexscient from research institutions worldwide, leveraging Tekcapital's university network and Nexscient's AI focus. Under the agreement, Tekcapital will provide Nexscient with a curated pipeline of university-originated technologies, identify acquisition candidates, lead early-stage negotiations, and structure initial transactions, potentially using Nexscient stock as consideration. Both companies will update the market on significant milestones achieved through this collaboration.

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Tekcapital plc (AIM: TEK), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve people's lives, is pleased to announce it has entered into a strategic alliance with Nexscient, Inc. (OTCQB: NXNT), an innovator in artificial intelligence ("AI") applications and intelligent enterprise solutions, to identify and help acquire transformative intellectual property assets for Nexscient from research institutions worldwide.

Under the alliance, Tekcapital will leverage its extensive university and technology network to identify and facilitate Technology Acquisition Opportunities that align with Nexscient's AI and advanced computing focus areas. Nexscient will evaluate and pursue acquisitions or licenses of these innovations through strategic transactions aimed at creating long-term shareholder value.

Fred E. Tannous, Chief Executive Officer of Nexscient, Inc. said:

"This alliance with Tekcapital represents a powerful extension of Nexscient's vision to identify, fund, and commercialize high-impact AI technologies. Tekcapital's unparalleled access to global university innovation, combined with our ability to integrate and scale those technologies into commercial AI solutions, creates a dynamic pathway from academic discovery to market transformation. We believe that this collaboration accelerates our mission to deliver the next dimension of AI."

Under the terms of the agreement, Tekcapital will provide Nexscient with continuous access to a curated pipeline of university-originated technologies that meet Nexscient's acquisition profile. Tekcapital will identify technology acquisition candidates, lead early-stage negotiations, and where appropriate, structure initial transactions for technologies that Nexscient may acquire using Nexscient stock as consideration.

  • Clifford M. Gross, Executive Chairman of Tekcapital, commented:

"We're delighted to enter this alliance with Nexscient and its visionary leadership team. By linking Tekcapital's global innovation sourcing capabilities with Nexscient's executional strength, we are enabling a fast-track mechanism for converting GenAI research breakthroughs into value-generating enterprises. We believe this is precisely the kind of collaboration that helps to bridge the gap between invention and implementation."

Both organizations have agreed to update the market when significant milestones are achieved under this alliance.

Clifford M. Gross, Ph.D.

SP Angel Corporate Finance LLP (Nominated Adviser and Broker)+44 (0) 20 3470 0470

Richard Morrison/Charlie Bouverat (Corporate Finance) Abigail Wayne / Rob Rees (Corporate Broking)

Flagstaff Strategic and Investor Communications+44 (0) 20 7129 1474

Tim Thompson/Andrea Seymour/Fergus Mellon

About Nexscient, Inc.

Nexscient® [OTCQB: NXNT] is an emerging-growth AI company that leverages its technical expertise, business acumen, and capital resources to identify, fund, integrate, and commercialize AI and machine learning technologies. Through its subsidiaries and strategic alliances, Nexscient is building a diversified portfolio of intelligent solutions across multiple industries, including predictive maintenance, data annotation, and industrial automation. For more information, please visit https://nexscient.ai/.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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