A2z announces proposed spin-off of advanced automotive innovations inc

Tel aviv, israel / accesswire / november 9, 2023 / a2z smart technologies corp. ("a2z" or the "company") (nasdaq:az)(tsxv:az) ($az), a global leader in innovative technology solutions, is pleased to announce the unanimous approval of a plan by its board of directors to spin off its 80% interest in advanced automotive innovations inc ("aai"). as part of the restructuring, aai is expected to become a publicly traded company, such that all shareholders in a2z will receive an equivalent pro-rata shareholding in aai.
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