EVA LIVE INC. DL-,01

Eva Live reports that its AI‑powered FastQuote platform is generating roughly $10,000 in daily revenue, equivalent to an annualized rate of about $3.65 million. According to the company, revenue is growing by around 20% weekly and is currently focused on debt consolidation and home security; plans call for expansion into more than 50 additional consumer categories such as real estate, home services, legal, insurance and automotive. » More on de.investing.com

Eva Live has signed a letter of intent to acquire a 51% majority stake in Airbeam Wireless Technologies, with an option on the remaining 49% and a company valuation of around $16m. Airbeam brings 60‑GHz connectivity solutions, access to more than 260 patents and a product portfolio for multi‑gigabit wireless backhaul. Eva Live plans to combine Airbeam’s beamforming technology with its AI platform and, via subsidiary Eva Defense, develop communications architectures for autonomous drone swarms, smart‑city infrastructure and other applications. Eva Live reported revenue growth of 60% to $17.3m in the last twelve months but remains unprofitable; the stock trades at $2.45 and has weakened significantly since the start of the year. » More on de.investing.com

EVA Live has reached an agreement to acquire a 51 percent majority stake in Spiro Senior Living; the final contractual documents are expected to be completed around July 1. The transaction secures EVA’s controlling interest in Spiro’s operating healthcare business, its technology platform and digital infrastructure; Spiro’s management will receive equity-based compensation and become EVA shareholders. Spiro already operates three senior living facilities, generates revenue and is expanding through a partnership with Meridian Senior Living. EVA also plans to launch an AI-powered engagement platform for senior living; the stock rose to $2.77 after the news, but EVA remains unprofitable despite 60% revenue growth last year. » More on de.investing.com