Railtown AI Technologies Announces Closing of the Amalgamation with AI Partnerships Corp.

Core Points - Railtown AI Technologies Inc. has successfully completed its amalgamation transaction with AI Partnerships Corp. on November 26, 2025 [1][2] - The amalgamation agreement was initially announced on October 8, 2025, and involved the acquisition of all outstanding shares of AIP in exchange for 49,476,251 common shares of Railtown, representing an exchange ratio of approximately 2.348 Railtown shares for each AIP share [3] Transaction Details - The transaction was supported by shareholders of AIP holding approximately 51.24% of the outstanding shares, who entered into voting support agreements [3] - Approximately 10 million of the Consideration Shares are placed in escrow, with specific conditions for release based on Railtown's annual recurring revenue from AIP Affiliates [5] - The first milestone for release is set at $1 million in annual recurring revenue, while the second milestone is $2 million, both to be achieved within 36 months from the effective date [5] Company Background - Railtown AI Technologies Inc. focuses on transforming the development and deployment of agentic software through intelligent AI frameworks [6] - AI Partnerships Corp. aims to create a global affiliate network of AI-as-a-Service companies, with over 180 SaaS-based AI affiliates across 13 countries [7]