AZIO AI Announces Strong Strategic Investor Support as It Advances Toward Transformational Merger and Global AI Infrastructure Expansion

Core Insights - AZIO AI is advancing a proposed merger with Envirotech Vehicles, Inc. (EVTV) to enhance its public-market infrastructure and capital-market flexibility [1][2] - The merger is expected to support long-term AI infrastructure deployment and align AZIO AI with a publicly traded platform focused on advanced technology and energy-related growth [5] Strategic Investments - AZIO AI has garnered support from new strategic investors, including major corporate participants in the AI data-center and supply-chain ecosystem [1] - The implied purchase price for AZIO AI shares is set at $3.00, pending final agreements and customary closing conditions [3] Infrastructure Development - The company aims to develop sovereign AI data centers to ensure national-level compute independence and secure workloads [4] - Collaborations with Super Micro Computer, Inc. and other partners are planned for executing AI data-center initiatives in the U.S. and various regions in Asia [4] Leadership Perspectives - The CEO of AZIO AI emphasizes a long-term, institutional approach to infrastructure and capital discipline, highlighting the importance of combining visionary technology with disciplined governance [6] - David Shiue, the founder and CEO of AZIO, has over 21 years of experience in hardware manufacturing and has established strong relationships in Asian manufacturing networks [7] - Gary Chen, the Chief Strategy Officer, has over two decades of experience in hardware manufacturing and has driven significant sales across North America and Asia [8]

AZIO AI Announces Strong Strategic Investor Support as It Advances Toward Transformational Merger and Global AI Infrastructure Expansion - Reportify