GoGo AI Network Inc. and Algo8 Industrial AI Inc. Announce Definitive Arrangement Agreement to Spin Out Full-Stack Industrial AI Platform to Public Markets

▤ Summary

GoGo AI Network and Algo8 Industrial AI have signed a definitive arrangement agreement to spin out Algo8 into a new listed company. The transaction combines GoGo’s distributed stake with Algo8’s remaining interests and is expected to close in Q3 2026, subject to shareholder, court, and regulatory approvals. Algo8’s PlantBrain platform already has more than 50 deployments across industrial sectors and has attracted a C$2.79 million strategic investment from a Brookfield subsidiary. Existing GoGo shareholders will receive additional equity in the new issuer, while Brandon Kou has stepped down from GoGo to join the Resulting Issuer as President and a board member.

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