Business
Light AI Responds to OTC Markets Request on Recent Promotional Activity
Light AI Inc. ("Light AI" or the "Company") (CBOE CA: ALGO) (FSE: 0HC) (OTCQB: OHCFF), a healthcare technology company focused on developing artificial intelligence health diagnostic and wellness solutions, announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares (the "Shares") traded on the OTCQB Venture Market ("OTCQB") (operated by OTC Markets).
About this update from Light Ai Inc.
[{"type":"text","content":"VANCOUVER, BC, May 9, 2025 /CNW/ - Light AI Inc. ("Light AI" or the "Company") (CBOE CA: ALGO) (FSE: 0HC) (OTCQB: OHCFF), a healthcare technology company focused on developing artificial intelligence health diagnostic and wellness solutions, announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares (the "Shares") traded on the OTCQB Venture Market ("OTCQB") (operated by OTC Markets).","length":537,"tagName":"p"},{"type":"image","alt":"Light AI (CNW Group/Light AI Inc.)","displaySize":"","headline":null,"caption":"Light AI (CNW Group/Light AI Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":258,"height":52,"url":"https://media.zenfs.com/en/cnwgroup.com/c07df98b012b1cd2a358858136103bea"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/D9.uU4gjXja9DkZFUxNWPw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTg1O2NmPXdlYnA-/https://media.zenfs.com/en/cnwgroup.com/c07df98b012b1cd2a358858136103bea","width":258,"height":52}},"href":"https://mma.prnewswire.com/media/2684225/Light_AI_Inc__OTC_MARKETS_REQUEST_ON_RECENT_PROMOTIONAL_ACTIVITY.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"On May 7, 2025, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its Shares traded on the OTCQB, including the distribution of one newsletter and one "stock alert" post (collectively, the "Promotional Materials") published by Emerging Markets Consulting, LLC ("Emerging Markets"), discussing the Company, its business, the economy, and the healthcare AI market generally.","length":467,"tagName":"p"},{"type":"text","content":"On January 14, 2025, the Company entered into an advertising agreement with Emerging Markets, whereby Emerging Markets would provide investor relations and advertising services to the Company. The Company was therefore aware of Emerging Market's promotional activities respecting the Company since January 14, 2025. Accordingly, the Promotional Materials were paid for by the Company through its engagement of Emerging Markets.","length":431,"tagName":"p"},{"type":"text","content":"The engagement of Emerging Markets, the nature of the relationship between ...