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SportsQuest, Inc. to Merge with AI Cinema Chain AIC in China

2024-02-29 13:05:32.356000

SportsQuest, Inc. (OTC: SPQS) has announced its plans to merge with AIC, an AI-driven cinema chain based in China [bcecafaa]. AIC, which currently operates 15 theaters, has a capitalization of $100 million and is led by a highly experienced management team with over 20 years of experience in the movie industry and cultural development projects [bcecafaa]. The merger will make SportsQuest the parent company of AIC, with the aim of expanding the cinema chain to 50 theaters [bcecafaa]. AIC utilizes a robust AI system for real-time monitoring of theater income and revenue [bcecafaa]. As part of the merger, SportsQuest has also formed a strategic partnership with Shenzhen Huayi Excellent Cinemas Co., Ltd. to deliver innovative entertainment experiences to audiences [bcecafaa]. More updates on this merger are expected to be announced soon [bcecafaa].

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