AZIO AI Provides Additional Context on Strategic Discussions with Envirotech Vehicles and Emphasizes Disciplined, Shareholder-Aligned Transaction Framework

Core Insights - AZIO AI Corporation is engaged in strategic discussions with Envirotech Vehicles, Inc. regarding a potential transaction to assist EVTV in entering the AI Data center space, with an independent valuation analysis indicating AZIO AI's enterprise value at approximately $480 million [1][2]. Transaction Framework and Shareholder Considerations - AZIO AI emphasizes a disciplined transaction framework that aligns the interests of all stakeholders, focusing on long-term value creation and capital discipline [3]. - The potential transaction structure is being evaluated to limit unnecessary dilution to existing shareholders of Envirotech Vehicles while balancing the strategic and financial objectives of both parties [5]. Ongoing Discussions - Discussions between AZIO AI and Envirotech Vehicles are ongoing, with efforts to reach a definitive agreement, considering transaction structure, timing, and additional financing [4]. - Any potential transaction will be subject to customary due diligence, board approvals, regulatory review, and shareholder approval [4]. Company Overview - AZIO AI Corporation is a next-generation AI infrastructure platform focused on scalable compute and specialized AI deployments, operating as a strategic spin-off of AZIO Corporation [7]. - The leadership team at AZIO AI has extensive experience in hardware distribution, data center operations, and AI hardware supply chain management, supporting the company's focus on disciplined execution and infrastructure scalability [8].