Ascension Capital nears Being AI acquisition

Ascension Capital has provided an update on its agreement to acquire the Being AI Group.

All the necessary documentation for the transaction has been prepared and submitted to regulators for approval.

The company is now expecting to hold a special meeting of shareholders on or about March 28, where the transaction will be up for approval.

If shareholder approvals are obtained, Ascension Capital anticipates completing the acquisition before the end of March.

The board of Ascension Capital believes that this transaction presents a unique opportunity for the company and its shareholders.

More detailed information about the Being AI Group will be provided in the coming weeks.