Innovative Holdings Alliance (OTC:IHAI) issued a corporate update as it advances its transition to the Premergy brand and commercialization strategy. The company launched an updated website, www.premergy.com, as the primary hub for corporate information, investor materials, and an updated investor presentation outlining its technology platform and near-term priorities.
The company’s counsel has filed to change its legal name to Premergy in Delaware and is pursuing a related ticker change. IHAI also began advanced engineering work with Jaydu to support technical development of the Premergy platform, hired Welston Group to run an expanded communications and social media program, and reported the resignation of board member Rob Delvecchio.
Innovative Holdings Alliance (OTC: IHAI), parent of Premergy, announced a corporate transformation toward an advanced energy technology focus, centered on battery management, intelligent power optimization and IP monetization. The company is filing to change its corporate name to Premergy and, after approval, plans to seek a new ticker symbol.
According to Premergy, it is advancing commercialization initiatives across automotive, AI data centers, drone/UAV and grid markets, pursuing an asset-light licensing model, and re-engaging Clemson University's CU-ICAR for independent validation. The company engaged Sigma Law Group for IP monetization strategy, initiated discussions with drone/UAV manufacturers, strengthened corporate governance, aims to become a fully SEC-reporting company, and completed a fully committed Series C Preferred financing to fund validation, IP development, commercialization and working capital.
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Innovative Holdings Alliance, Inc. (OTC PINK:IHAI) announced a strategic Brand License Agreement with M2Bio Sciences Food and Beverage on March 14, 2023. This agreement allows IHAI Brands, Inc., a wholly owned subsidiary, to be the first licensee in the U.S. to market various CBD-infused products, such as Medspresso coffee, Liviana olive oil, and Dr. AnnaRx muscle rubs. The products will be sold via e-commerce, wholesale, retail, and through influencers. This partnership aims to enhance IHAI’s presence in the growing CBD market and reflects the company’s plan for U.S. distribution in 2023.