EVA Live Secures Strategic Growth Financing to Accelerate AI Platform Expansion as Part of 2026 Growth Strategy
EVA Live (Nasdaq: GOAI) secured strategic growth financing from Streeterville Capital to accelerate its 2026 Growth Strategy.
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Rhea-AI Summary
EVA Live (Nasdaq: GOAI) secured strategic growth financing from Streeterville Capital to accelerate its 2026 Growth Strategy. The funding is intended to speed product development, scale infrastructure, expand distribution, and commercialize AI platforms NeuroServer and FastQuoteDirect, with FastQuoteDirect currently in beta.
The company plans to use proceeds for engineering, platform enhancements, and targeted marketing to drive adoption of its AI-driven advertising and quoting solutions.
Details
News Market Reaction – GOAI
On Mar 3, the day this news came out, GOAI closed 13.82% below the previous close.
Data tracked by StockTitan Argus for the Mar 3 session.
Key Figures
- Registered shares
- 13,200,000 shares
- Common Stock for private placement per PRE 14C
- Initial note principal
- $7,560,000
- Secured convertible promissory note with Streeterville Capital
- Gross proceeds
- $7.0 million
- Expected at closing from Initial Note financing
- Additional notes option
- $4,320,000
- Investor option to purchase additional notes over 24 months
- Conversion discount
- 87%
- Conversion price as percentage of lowest 10-day VWAP
- Floor conversion price
- $0.90
- Minimum share price for note conversions
- Shares outstanding
- 31,342,285 shares
- Common stock outstanding as of Feb 26, 2026
- Insider ownership
- 19,025,000 shares (60.70%)
- Beneficial ownership by David Boulette
Previous AI Reports
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Beta launch of Fast Quote Direct AI quoting engine targeting lead generation.
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Launch of NeuroServe next-gen AI advertising platform for enterprises.
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Launch of new corporate homepage highlighting AI solutions and engagement.
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Collaboration with Psquared Publishing to enhance AI-powered content creation.
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Announcement of expanded AI-powered solutions and broader expansion plans.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 8-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Los Angeles, CA, March 03, 2026 (GLOBE NEWSWIRE) -- EVA Live, Inc. (Nasdaq: GOAI), an artificial intelligence-driven digital advertising and automation company, today announced that it has secured strategic growth financing as disclosed in its recent Form 8-K filing with the U.S. Securities and Exchange Commission. The financing, provided by Streeterville Capital, is intended to accelerate product development, support product expansion, and drive market penetration as part of EVA Live’s 2026 Growth Strategy.
The additional capital strengthens EVA Live’s ability to execute on its strategic roadmap, which is focused on scaling its proprietary AI platforms, expanding distribution channels, and capturing market share in the rapidly growing artificial intelligence sector.
As part of its 2026 go-to-market strategy, EVA Live is prioritizing accelerated development and commercialization of its core technologies, NeuroServer™ and FastQuoteDirect™, which the company sees significant growth and potential being first-to-market with new AI driven products.
EVA Live’s proprietary NeuroServer™ platform uses real-time artificial intelligence learning to analyze user behavior and automatically optimize advertising performance and targeting. By continuously adjusting campaigns based on live data, NeuroServer™ enables advertisers to improve efficiency, reduce wasted spend, and respond instantly to changing market conditions.
The company’s FastQuoteDirect™ platform represents EVA Live’s expansion into AI-powered quoting and lead generation for online services. FastQuoteDirect™ allows businesses to deliver real-time, data-driven quotes to consumers, helping accelerate conversions and streamline customer acquisition. The platform is currently in beta testing and is expected to play a key role in EVA Live’s growth initiatives throughout 2026.
“This financing is an important step in executing our 2026 go-to-market strategy,” said David Boulette, CEO and Founder, “The capital allows us to accelerate growth of NeuroServer and FastQuoteDirect while scaling our infrastructure. Our objective is clear — to capture market share and expand quickly in high-growth AI-driven markets.”
The company expects the financing to support expanded engineering resources, platform enhancements, and targeted marketing initiatives designed to increase the adoption of EVA Live’s AI-driven solutions. EVA Live’s strategy is centered on building a scalable technology ecosystem that allows businesses to automate marketing and quoting functions through real-time artificial intelligence.
Further details regarding the financing can be found in EVA Live’s Form 8-K filed with the U.S. Securities and Exchange Commission.
About Streeterville Capital
Streeterville Capital is a U.S.-based investment firm focused on providing flexible growth financing solutions to public companies. The firm specializes in structured capital investments designed to support expansion initiatives, product development, and operational scaling. Streeterville works with emerging growth companies across multiple sectors, offering customized financing structures that allow management teams to execute strategic initiatives while maintaining operational momentum. Through its disciplined investment approach, Streeterville Capital provides access to capital intended to help companies accelerate growth and strengthen their market position.
About EVA Live, Inc.
EVA Live, Inc. (Nasdaq: GOAI) is an artificial intelligence-driven technology company focused on digital advertising automation, intelligent quoting solutions, and data-driven customer acquisition. The company’s proprietary platforms enable businesses to automate marketing decisions, improve efficiency, and scale customer engagement through real-time AI optimization.
Cautionary Note Regarding Forward-Looking Statements.
This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein, including but not limited to such things as future business strategy, plans, and goals, and the expansion and growth of our business. The words “estimate”, “plan”, “anticipate”, “expect”, “intend”, “believe” “target”, “budget”, “may”, “can”, “will”, “would”, “could”, “should”, “seeks”, or “scheduled to” and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Please see the risk factors included in the Company’s United States Securities and Exchange Commission filings, which could cause actual results and events to differ materially from those contained in the forward-looking statements. You are cautioned against attributing undue certainty to forward-looking statements. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments.
Media Inquiries:
Javan Khazali
Phone: 310-229-5981
Email: info@eva.live
Website: @eva.live
Instagram: @eva.liveinc
Facebook: @evaliveinc
X: @evaliveinc1
LinkedIn: @eva-live
Youtube: evaliveinc
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