Paradium.AI enters ten-year platform agreement with RTB Digital and minority stake sale is planned
Paradium.AI, Inc. has entered into a ten-year Strategic Platform Agreement with RTB Digital, Inc., as announced in a recent SEC filing. The agreement, expected to close in the fourth quarter of 2026, will see Paradium.AI migrate its brands, revenue, and traffic to RTB's AI-powered digital media and business operations platform. In exchange for providing non-content functions and related services, RTB will issue Paradium.AI unregistered RTB common stock valued at $11.5 million, subject to Nasdaq minimum pricing requirements and other closing conditions.
Additionally, RTB has agreed to acquire approximately 49.5% of Paradium.AI's outstanding common stock from Simplify Inventions, LLC and MBX Capital Aren, LLC for a total purchase price of $89,555,638, which includes cash, RTB common stock, and an existing deposit. The completion of this minority stake purchase is a condition for closing the platform agreement.
Despite a 31% revenue decline over the last twelve months, InvestingPro analysis suggests that Paradium.AI remains undervalued with a Fair Value of $2.60, placing it among compelling opportunities on the platform's most undervalued stocks list.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.