AZIO AI Executes Merger with Envirotech Vehicles at $750 Million Valuation
AZIO AI has executed a definitive merger agreement with Envirotech Vehicles, Inc. (NASDAQ: EVTV) valued at $750 million, reflecting significant growth from the original $480 million Letter of Intent six months ago. The transaction is part of EVTV's strategic shift into artificial intelligence infrastructure and compute platforms.
Topics: AI Infrastructure Corporate Mergers Data Centers Strategic Transformation