Advanced Voice Recognition Systems, Inc. /
Rivulet Media, Inc.
Advanced Voice Recognition Systems to purchase Rivulet Media assets
What happened
Advanced Voice Recognition Systems, Inc. agreed to purchase certain assets of Rivulet Media, Inc. in an asset purchase transaction using stock and cash. The agreement provides for 90,784,800 shares and $10,069,000 to be distributed to Rivulet shareholders, subject to its terms and conditions.
The filing describes Rivulet as a producer and distributor of films entertainment products. The acquisition is anticipated to close on April 10, 2024.
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Advanced Voice Recognition Systems to purchase Rivulet Media assets
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