Alset ai announces full repayment of $3.7 million secured loan with interest from portfolio company, significantly strengthening balance sheet

Vancouver, bc / accesswire / november 21, 2024 / alset ai ventures inc. (tsxv:gpus)(otc:alscf)(fse:1r60, wkn:a3esvq) ("alset ai" or the "company") an artificial intelligence (ai) venture company advancing innovation through strategic investment and cloud computing solutions, announces the full repayment of its approximately $3.7 million secured loan with interest from portfolio investee company cedarcross international technologies inc. ("cedarcross"). this repayment, made in accordance with the company and cedarcross' amended secured loan agreement and repayment and release agreement as disclosed in the company's august 29, 2024 news release.
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