Alset AI Enters into Definitive Agreement to Acquire Remaining Interest in Cedarcross Technologies (DBA Lyken.AI)

  • VANCOUVER, BC / ACCESS Newswire / June 27, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60)(WKN:A3ESVQ)("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions pleased to announce, that it has entered into a definitive share exchange agreement (the "Share Exchange Agreement") to acquire the remaining 25% of the issued and outstanding common shares in the capital of in Cedarcross International Technologies Inc. ("Cedarcross"), a BC-based private AI cloud computing company now operating under the brand Lyken.AI ("Lyken"). Upon closing of the acquisition, Alset AI will hold 100% ownership of the flagship Platform-as-a-Service ("PaaS") compute platform.