INTURAI VENTURES ENTERS INTO DEFINITIVE AGREEMENT FOR DOMECOMMAND ACQUISITION AND FILES AMENDED OFFERING DOCUMENT

Rhea-AI Summary

Inturai Ventures (CSE: URAI, OTC: URAIF, FSE: 3QG0) has entered into a definitive asset purchase agreement to acquire the DomeCommand intellectual property, an AI-driven command-and-control platform for autonomous drone swarms, plus a perpetual, royalty-free, worldwide licence to the Distri software it runs on.

Total consideration for the Acquisition is up to C$6,025,000, comprising a C$25,000 upfront cash payment and up to 30,000,000 common shares at a deemed price of C$0.20, issuable upon development and time-based milestones. Completion is subject to customary conditions, including Canadian Securities Exchange approval.

Inturai has also filed an amended and restated offering document dated August 19, 2026 under National Instrument 45-106 for its previously announced non-brokered private placement of up to C$1,275,000, with all Offering terms unchanged; the amendment serves to disclose the Asset Purchase Agreement.

Positive

• DomeCommand IP acquisition with perpetual, royalty-free, worldwide Distri licence
• Up to C$6,025,000 total acquisition consideration, mostly share-based and milestone-tied
• Non-brokered private placement of up to C$1,275,000 remains on original terms

Negative

• Potential dilution from issuing up to 30,000,000 new common shares
• Acquisition closing remains subject to Canadian Securities Exchange approval and other conditions

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

(CSE: URAI / OTC: URAIF / FSE: 3QG0)
investor@inturai.com

Highlights

• The Company has entered into a definitive asset purchase agreement to acquire the DomeCommand domecommand.ai. intellectual property, an AI-driven command-and-control (C2) platform for autonomous drone swarms.
• The Company has filed an amended and restated offering document.
• The terms of the previously announced non-brokered private placement of up to $1,275,000 remain unchanged.

VANCOUVER, BC, Aug. 19, 2026 /PRNewswire/ -- Inturai Ventures Corp. (the "Company") (CSE: URAI) (OTC: URAIF) (FSE: 3QG0) announces that further to its news release dated July 6, 2026, the Company has entered into a definitive asset purchase agreement (the "Asset Purchase Agreement") to acquire the intellectual property behind DomeCommand, an AI-driven command-and-control platform for autonomous drone swarms, together with a perpetual, royalty-free, worldwide licence to the Distri software it runs on (the "Acquisition").

Under the Acquisition, the Company will acquire the DomeCommand intellectual property in full, along with a perpetual, royalty-free, worldwide licence to the Distri software platform. Total consideration is up to C$6,025,000, made up of a C$25,000 upfront payment and the issuance of up to 30,000,000 common shares of the Company (the "Consideration Shares") at a deemed price of C$0.20 per Consideration Share, tied to development and time-based milestones in respect of the DomeCommand intellectual property. Completion of the Acquisition is subject to satisfaction of customary terms and conditions for a transaction of this nature, including, without limitation, the approval of the Canadian Securities Exchange.

The Company also announces that it has filed an amended and restated offering document dated August 19, 2026 (the "Amended Offering Document") pursuant to Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions in connection with its non-brokered private placement originally announced on August 4, 2026 (the "Offering"). The purpose of the Amended Offering Document is to disclose the entering into the Asset Purchase Agreement in respect of the Company's previously announced Acquisition.

All terms of the Offering remain unchanged from the terms set out in the offering document dated August 4, 2026.

The Amended Offering Document related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at www.inturai.com. Prospective investors should read the Amended Offering Document before making an investment decision. 

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

About Inturai Ventures

Inturai Ventures is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as healthcare, military, smart homes, and industrial applications.

For more information, visit www.inturai.com.

On behalf of the Board of Directors

Ed Clarke, CEO
Inturai Ventures Corp.
Email: investor@inturai.com
Phone: (+1) 604 339-0339

Forward-Looking Statements

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements in this news release include, without limitation: statements regarding the  Acquisition, the satisfaction of the terms and conditions of the Acquisition, including, without limitation, the approval of the Canadian Securities Exchange, and the timing and receipt thereof and the completion of the Offering on its terms. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to risks that the Acquisition may not be completed as contemplated, or at all, risks that the terms and conditions of the Acquisition, including, without limitation, the approval of the Canadian Securities Exchange, may not be satisfied as contemplated, or at all; risks that the Offering may not be completed as contemplated, or at all; general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/inturai-ventures-enters-into-definitive-agreement-for-domecommand-acquisition-and-files-amended-offering-document-302854731.html

SOURCE INTURAI VENTURES CORP.

FAQ

What acquisition did Inturai Ventures (URAIF) announce on August 19, 2026?

Inturai Ventures announced a definitive asset purchase agreement to acquire the DomeCommand intellectual property. According to Inturai Ventures, DomeCommand is an AI-driven command-and-control platform for autonomous drone swarms, paired with a perpetual, royalty-free, worldwide licence to the Distri software it operates on.

How much is Inturai Ventures paying for the DomeCommand acquisition (URAIF)?

Inturai Ventures will pay up to C$6,025,000 for DomeCommand. According to Inturai Ventures, this includes a C$25,000 upfront cash payment and up to 30,000,000 common shares at a deemed price of C$0.20, tied to development and time-based milestones.

Will the DomeCommand acquisition dilute Inturai Ventures (URAIF) shareholders?

The acquisition may dilute shareholders through up to 30,000,000 new common shares. According to Inturai Ventures, these Consideration Shares are issuable at a deemed price of C$0.20 per share, contingent on specified development and time-based milestones for the DomeCommand intellectual property.

Is the DomeCommand acquisition by Inturai Ventures (URAIF) already completed?

The DomeCommand acquisition is not yet completed and remains conditional. According to Inturai Ventures, closing is subject to satisfaction of customary terms and conditions for this type of transaction, including receiving approval from the Canadian Securities Exchange before the Acquisition can be finalized.

What changed in Inturai Ventures’ August 19, 2026 amended offering document (URAIF)?

The amended offering document primarily adds disclosure about the DomeCommand Asset Purchase Agreement. According to Inturai Ventures, all financial terms of the previously announced non-brokered private placement of up to C$1,275,000 remain unchanged from the original offering document dated August 4, 2026.

Are the terms of Inturai Ventures’ non-brokered private placement (URAIF) still the same?

Yes, the Offering’s terms remain unchanged despite the amended document. According to Inturai Ventures, the non-brokered private placement continues as originally announced on August 4, 2026, targeting up to C$1,275,000, with the amendment solely to disclose the DomeCommand Acquisition agreement.

Where can investors find Inturai Ventures’ amended August 19, 2026 offering document (URAIF)?

Investors can access the amended offering document on SEDAR+ under Inturai Ventures’ profile and on the company’s website. According to Inturai Ventures, prospective investors should read this document carefully before making any investment decision in the non-brokered private placement.