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EVA Live Targets the $1.3 Trillion Senior Care Industry Through Strategic Partnership with Spiro Senior

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partnership

EVA Live (OTC:GOAI) signed a Letter of Intent with Dermatech Mobile Care, doing business as Spiro Senior Care, for a strategic partnership giving EVA Live a proposed 25% equity stake in the Spiro Senior venture.

EVA Live plans to invest up to $20 million in cash, assets and resources to scale Spiro’s AI-driven senior care platform, launched with Meridian Senior Living and its first four senior healthcare facilities, targeting the rapidly growing global geriatric and long-term care markets.

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Positive

  • LOI for 25% equity stake in Spiro Senior venture
  • Planned investment of up to $20 million in the Spiro platform
  • Initial launch of four senior healthcare facilities under the Spiro platform
  • Partnership includes Meridian Senior Living, providing operational scale and expertise
  • Targets geriatric and long-term care markets projected near $3.4 trillion by 2030 combined

Negative

  • None.

News Market Reaction – GOAI

+10.91% 3.8x vol
18 alerts
+10.91% Session close to close
+22.5% Peak Tracked
-7.0% Trough Tracked
$158.93M Market Cap
3.8x Rel. Volume

In the May 27 session, GOAI gained 10.91%, reflecting a significant positive market reaction. Argus tracked a peak move of +22.5% during that session. Argus tracked a trough of -7.0% from its starting point during tracking. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility. Trading volume was very high at 3.8x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +10.9% in the session following this news. A strong positive reaction aligns with h...
Analysis

The stock surged +10.9% in the session following this news. A strong positive reaction aligns with how partnership news has historically affected GOAI, where a prior collaboration produced a 293.33% move. Investors would likely weigh the 25% stake and up to $20 million commitment against existing capital tools, including a $250,000,000 S-3 shelf and ATM program. Sustainability would depend on execution in senior care and any future use of registered securities for funding.

Key Figures

Equity stake: 25% ownership Planned investment: Up to $20 million Senior care market size: $1.3 trillion +5 more
8 metrics
Equity stake 25% ownership EVA Live equity position in Spiro Senior venture under LOI
Planned investment Up to $20 million Cash, assets and resources EVA Live plans to invest in Spiro platform
Senior care market size $1.3 trillion Senior care industry size referenced in headline
Global geriatric care 2023 $1.07 trillion Global geriatric care services market value in 2023
Global geriatric care 2030 $1.65 trillion Projected global geriatric care services market by 2030
Long-term care 2023 $1.11 trillion Global long-term care market value in 2023
Long-term care 2030 $1.74 trillion Projected global long-term care market by 2030
Daily new seniors 10,000 Americans Number turning 65 every day in the U.S.

Previous Partnership Reports

1 past event · Latest: Jun 03 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Jun 03 Strategic partnership Positive +293.3% Partnership with DDC projected to add up to $8M to 2024 results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Prior partnership news generated a very strong positive price reaction, suggesting partnerships have historically acted as major catalysts for GOAI.

Recent Company History

Over the past two years, GOAI has used partnerships as key growth drivers. A Jun 03 2024 strategic partnership with Domain Development Corp was projected to add up to $8 million to the 2024 bottom line and saw a 293.33% 24-hour move. Today’s senior-care-focused LOI continues that strategy of aligning GOAI’s AI stack with partners in large, expanding markets, but with a different end-market focus in healthcare and senior living.

Key Terms

letter of intent, equity ownership, ai-driven, remote patient monitoring, +2 more
6 terms
letter of intent financial
"announced the execution of a Letter of Intent of Intent, (LOI), with Dermatech"
A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.
equity ownership financial
"EVA Live offering a 25% equity ownership position in the Spiro Senior venture"
An ownership stake in a company represented by holding its shares; like owning slices of a pie, equity ownership gives a person a claim on part of the company’s profits and assets and usually some voting rights over key decisions. It matters to investors because the size of that stake determines how much of any future gains or losses they share, how much influence they have on company direction, and how their investment value can change with the market.
ai-driven technical
"delivering advanced AI-driven technology and integrated medical infrastructure"
AI-driven describes products, services, processes or decisions that rely on artificial intelligence—software that detects patterns in data and makes predictions or choices without step-by-step human direction. For investors it signals potential for faster growth, lower operating costs or new revenue, but also new risks (model errors, data problems, regulatory limits); think of it like a smart thermostat that can save energy and money but can also misbehave if fed bad information.
remote patient monitoring medical
"AI-enabled care coordination, remote patient monitoring, and technology-driven healthcare"
Remote patient monitoring is the ongoing collection and transmission of a person’s health data (such as heart rate, blood sugar, or blood pressure) from home or another non-clinical setting to healthcare providers using connected devices and secure networks. For investors, it matters because it can reduce hospital visits, create steady service and device revenue, and change how care is paid for—think of it as a home security system for health that can lower costs and improve outcomes.
long-term care medical
"The U.S. senior medical, wellness, and long-term care industry is experiencing"
Long-term care is ongoing medical, personal and household assistance for people who cannot fully care for themselves because of aging, chronic illness or disability; it covers help with everyday tasks like bathing, dressing, eating, mobility and medication, provided at home, in assisted living or in nursing facilities. Investors care about long-term care because its demand, cost structure and regulation affect revenues, occupancy and profit margins for healthcare providers, insurers and related real estate—similar to how maintenance needs and tenant demand shape returns for a property owner.
at-the-market financial
"an at-the-market equity program and expected receivables collections"
"At-the-market" is a method for companies to sell new shares of stock directly into the open market over time, rather than all at once. It allows companies to raise money gradually, similar to selling slices of a pie instead of the entire pie at once, which can help manage the sale's impact on the stock price. This approach gives investors a steady supply of shares while providing companies with flexible funding options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Los Angeles, CA, May 27, 2026 (GLOBE NEWSWIRE) -- EVA Live Inc. today announced the execution of a Letter of Intent of Intent, (LOI), with Dermatech Mobile Care, DBA Spiro Senior Care, outlining a strategic partnership with EVA Live offering a 25% equity ownership position in the Spiro Senior venture. The potential partnership positions the companies to capitalize on one of the fastest-growing sectors in healthcare by delivering advanced AI-driven technology and integrated medical infrastructure to the senior living industry.

As part of the proposed agreement, EVA Live will invest up to $20 million in cash, assets and resources into the Spiro platform to accelerate expansion, technology deployment, and nationwide growth initiatives focused on transforming senior healthcare delivery. The partnership is designed to address one of the industry’s largest and most urgent problems — the lack of scalable technology, AI integration, and coordinated healthcare systems across senior living communities nationwide.

“We sought out Eva to lead the way in making Spiro Senior the leader in senior care. There are many players in the AI space, Spiro chose Eva because of its proprietary code base and expertise in creating applications,” stated Chis Fox CEO of Spiro Senior.

The U.S. senior medical, wellness, and long-term care industry is experiencing unprecedented growth driven by the aging baby boomer population and rising demand for proactive healthcare solutions. More than 10,000 Americans turn 65 every day, and by 2040 over 80 million Americans are expected to be over the age of 65. The global geriatric care services market was valued at approximately $1.07 trillion in 2023 and is projected to grow to nearly $1.65 trillion by 2030, while the broader long-term care market is expected to expand from approximately $1.11 trillion in 2023 to $1.74 trillion by 2030. Grand View Research

Eva and Spiro, in conjunction with Meridian Senior Living, a long-established and respected senior housing operator with communities across multiple states, providing immediate operational scale and industry expertise as the Spiro platform begins deployment. Spiro is currently launching its first four senior healthcare facilities, representing the initial phase of a broader expansion strategy.

“We are excited to work with Spiro Senior and EVA Live to enhance the resident experience, strengthen communication between families and care teams, and help residents achieve healthier, more connected lives,” said Robert Sweet, CEO of Meridian Senior Living. “This is a much-needed integration within the senior living industry that we believe will improve care coordination, increase transparency, and elevate the overall quality of care and wellness services delivered to residents.”

This growing imbalance is accelerating demand for scalable healthcare infrastructure, preventative wellness programs, AI-enabled care coordination, remote patient monitoring, and technology-driven healthcare solutions capable of improving patient outcomes, reducing unnecessary hospitalizations, and supporting healthier aging at scale. Bccresearch.com

“EVA’s technology platform was built to solve large-scale problems using artificial intelligence, automation, and real-time data,” said David Boulette, CEO of EVA Live. “The synergy between the two companies could not have been a better fit, leveraging our core values to enhance senior care. We are excited to deploy EVA’s AI infrastructure to help address a national concern surrounding aging populations, healthcare coordination, and cognitive health while building a scalable platform positioned for long-term growth.”

The companies will work to establish EVA Live as an emerging leader at the intersection of senior healthcare, artificial intelligence, digital medical infrastructure, and cognitive health innovation, creating a scalable platform positioned to capitalize on one of healthcare’s fastest-growing sectors.

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.

About Spiro Senior

Spirosenior.com

Spiro Senior is an integrated senior healthcare and wellness platform focused on redefining the aging experience through advanced clinical services, artificial intelligence, and real-time care coordination. Combining on-site primary and specialty care with a proprietary AI-powered companion application, Spiro delivers a proactive “treat-in-place” model designed to improve resident outcomes, reduce unnecessary hospitalizations, and enhance overall wellspan — the quality, independence, and cognitive strength of life as people age.

The Spiro platform connects residents, families, caregivers, and medical providers through real-time health insights, predictive analytics, coordinated communication tools, and personalized wellness programs. By integrating digital health intelligence with senior living operations, Spiro is creating a more transparent, connected, and technology-driven approach to senior care designed to meet the growing demands of the aging baby boomer population.

About Meridian Senior

Meridiansenior.com

Meridian Senior Living is a leading senior housing operator providing compassionate care and enriching lifestyle services to older adults across the United States. With communities in more than 15 states, Meridian delivers a full continuum of senior living options including independent living, assisted living, memory care services. Guided by a mission to “enrich lives” and create extraordinary daily experiences, the organization focuses on personalized care, innovative programming, and strong community engagement that supports residents’ wellbeing, independence, and quality of life.

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


FAQ

What did EVA Live (GOAI) announce about its partnership with Spiro Senior Care on May 27, 2026?

EVA Live announced a Letter of Intent for a strategic partnership with Spiro Senior Care, including a proposed 25% equity stake. According to EVA Live, the partnership focuses on deploying AI-driven technology and integrated medical infrastructure in senior living communities.

How much will EVA Live (GOAI) invest in the Spiro Senior Care platform?

EVA Live plans to invest up to $20 million in the Spiro platform. According to EVA Live, this includes cash, assets and resources to accelerate expansion, technology deployment and nationwide growth initiatives in senior healthcare delivery.

What ownership stake in Spiro Senior will EVA Live (GOAI) receive under the LOI?

Under the Letter of Intent, EVA Live is expected to receive a 25% equity ownership position in the Spiro Senior venture. According to EVA Live, this stake aligns with its strategy to become a leader in AI-powered senior healthcare solutions.

How does the EVA Live (GOAI) and Spiro Senior partnership involve Meridian Senior Living?

The partnership includes collaboration with Meridian Senior Living, a senior housing operator across multiple states. According to EVA Live, Meridian provides immediate operational scale and industry expertise as Spiro launches and deploys its senior healthcare platform.

How large is the senior care market targeted by EVA Live (GOAI) and Spiro Senior?

The partnership targets the global geriatric and long-term care markets, together exceeding $2 trillion in 2023. According to EVA Live, these markets are projected to grow to roughly $3.4 trillion by 2030, driven by aging demographics.

How many facilities are included in the initial rollout of the Spiro Senior platform with EVA Live (GOAI)?

Spiro is currently launching its first four senior healthcare facilities as the platform’s initial phase. According to EVA Live, these facilities form the foundation for a broader expansion strategy across senior living communities nationwide.