Alset AI Announces Strategic $3 Million Unsecured Term Loan Facility to Advance Flagship Cloud Compute Business Towards Positive Operating Income in 2026
Core Insights - Alset AI Ventures Inc. is entering into a non-revolving term loan agreement for up to $3,000,000 to enhance its balance sheet and support revenue growth initiatives [1] Group 1: Financial Strategy - The company is securing an unsecured loan agreement with Mr. Randy Gilling as the lender [1] - The principal amount of the loan is set at $3,000,000 [1] Group 2: Business Focus - Alset AI is focused on advancing innovation through strategic investment and cloud computing solutions [1]