Deal facts
- Buyer
- Game Foundry AI
- Target
- Gaxos.ai Inc.
- Deal value
- USD 1,760,000
- Announced
- 24 June 2026
- Status
- Completed
- Sector
- Technology
- Country
- United States
- Consideration
- shares
Sources
Game Foundry AI has agreed to acquire the assets of Gaxos.ai Inc. in a deal valued at USD 1,760,000. The transaction, announced on 24 June 2026, was completed on 18 June 2026. Consideration for the acquisition was provided entirely through shares. Both the buyer and the target are based in the United States, operating within the Technology sector. The deal structure involves the purchase of specific assets rather than a full equity transfer of the target company.
This asset sale represents a strategic expansion for Game Foundry AI into the artificial intelligence space. The completion of the transaction marks the final step in the acquisition process. The deal is now fully concluded following the satisfaction of all necessary conditions. The transaction is subject to regulatory approval.
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1 update- CompletedClosed
Game Foundry AI completes acquisition of Gaxos.ai Inc.
Item 2.01 Completion of Acquisition or Disposition of Assets On June 18, 2026, Gaxos.ai Inc. (the “Company”) entered into and simultaneously consummated the closing of an Asset Purchase Agreement (the “APA”), by and among the Company and Game Foundry AI (the “Buyer”) for the sale of substantially all of the Company’s gaming assets, including its portfolio of mobile games and Gaxos Gaming Lab in ex
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Buyer history
Game Foundry AI
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