Fobi AI Provides Clarification On Total Holdings Previously Provided In The Company’s Information Circular

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VANCOUVER, British Columbia, Dec. 06, 2024 (GLOBE NEWSWIRE) — Fobi Artificial Intelligence Inc. (FOBI:TSXV) (FOBIF:OTCQB) (“Company” or “Fobi”), is a pioneer in harnessing artificial intelligence and data intelligence to enable digital transformation. As a result of the review conducted by the British Columbia Securities Commission, Fobi is issuing the following press release clarifying our disclosure of information previously included in the Company’s management information circulars (“Circulars”) regarding CEO Rob Anson’s total percentage ownership in respect of direct relationships and indirect ownerships. in the Company (“Contributions”).

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Ownership shares are calculated on the basis of what the company issued and did not pay on the registration date mentioned in each circular.

The Company states that all shares represented by Mr. Anson are accurate and that filings made by insiders and company officials are current as of www.sedi.ca.

To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our website Investor experience page.

About AI phobia
Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company, providing companies with real-time applications to digitally transform and future-proof their organizations. Fobi enables companies to take action, leverage and monetize their customers’ data by enhancing personalized, data-driven customer experiences and promoting digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale.

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Fobi works with some of the world’s largest organizations in retail, consumer packaged goods, insurance, sports and entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe and is the largest data aggregator in the hospitality and tourism industry in Canada.

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This press release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi’s business and technology; Fobi’s ability to engage with industry participants to achieve its objectives; FOBI technology development. And the feasibility of Phoebe’s business model. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Phoebe’s control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market fluctuations, and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations reflected in its forward-looking statements are reasonable, they are based on factors and assumptions about future events that may prove to be inaccurate. These factors and assumptions are based on currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could affect actual results or events and cause actual results or events to differ materially from those stated, projected or implied by the forward-looking statements. As such, readers are cautioned not to place undue reliance on forward-looking statements, as no assurance can be given as to future results, levels of activity or achievements. The forward-looking statements contained in this press release are made as of the date of this press release, and except as required by applicable law, Fobi undertakes no obligation to publicly update or revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained herein are expressly qualified by this cautionary statement. Trading in Fobi securities should be considered highly speculative. There is no guarantee that Phoebe will be able to achieve all or any of his proposed goals.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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