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NetworkNewsBreaks – Gaxos.ai Inc. (NASDAQ: GXAI) Sells Gaming Assets in $1.76 Million Stock Transaction

Wednesday, June 24, 2026IBN.aiView original
Gaxos.ai (NASDAQ: GXAI) a developer of artificial intelligence applications across multiple industries, announced the completion of the sale of its gaming assets, including its portfolio of mobile games and Gaxos Gaming Labs, to privately held Game Foundry AI. The all-stock transaction was valued at approximately $1.76 million and is intended to support Gaxos’ strategy of focusing […]