Robseek Intelligence Inc. Announces Entering into an Agreement and Plan of Merger with QuasarEdge Acquisition Corporation

Robseek Intelligence Inc., an AI-driven technology company, has announced a merger agreement with QuasarEdge Acquisition Corporation (NYSE: QRED), a SPAC. The transaction values Robseek at approximately $1 billion pre-money equity value. Upon completion, Robseek will become a publicly traded company, providing access to capital markets and resources to scale its AI advertising platform (NOVA AI) and smart-device ecosystem (ALIF AI). The merger is subject to regulatory approvals and shareholder votes.