Recent Updates — GOAI
Eva Live Inc. entered into a new five-year executive employment agreement with CEO David Boulette on August 17, 2026, replacing his prior contract. The agreement establishes an annual base salary of $800,000 with automatic 10% increases and includes a $5 million severance payment for termination without cause or resignation for good reason. Mr. Boulette is eligible to receive up to 1,000,000 shares of Series A Convertible Preferred Stock based on performance milestones: the first tranche of 200,000 shares was earned upon the company's successful uplisting to Nasdaq in January 2026. Subsequent tranches depend on completing acquisitions exceeding $5 million or launching products generating similar revenue, alongside specific sales growth targets through year five. Each preferred share converts into 150 common shares, potentially diluting equity by up to 150 million common shares. Eva Live Inc. operates in the technology sector, providing live streaming and interactive entertainment services.
Eva Live Inc. announced that its wholly owned subsidiary, Eva Defense Inc., entered into a development agreement with Boumarang Inc. to design, build, and test a resilient communications unmanned aircraft system (UAS). The Company committed $1.2 million for the twelve-month program, payable at $100,000 monthly from August 5, 2026, through July 31, 2027. Boumarang will develop a sub-55-pound drone capable of operating in denied, degraded, intermittent, and limited (DDIL) environments where GPS and radio links are compromised. The milestone-driven process targets 10 to 20 field-tested prototypes and an NDAA-compliant supplier base by July 2027. Eva Live Inc. is an artificial intelligence technology company focused on developing advanced AI solutions across multiple industries.
Eva Live Inc. entered into a securities purchase agreement with Streeterville Capital, LLC on July 21, 2026, for the sale of a secured convertible note with an aggregate principal amount of $2,160,000. Upon closing, the company expects to receive $2.0 million in gross proceeds to fund working capital and general corporate purposes. The initial note carries an 8% annual interest rate, matures in 24 months, and features an 8% original issue discount. The investor also holds an option to purchase an additional $1,250,000 note within 24 months. The note is convertible into common stock at a price equal to 87% of the 10-day VWAP, subject to a $0.472 floor price. The debt is secured by various company assets, including subsidiary equity and customer accounts. Eva Live Inc. is a technology company providing live streaming services.
Eva Live, Inc. announced the formation of its first wholly owned subsidiary, Eva Defense Inc., to pursue acquisitions and partnerships in the drone, autonomous systems, and defense technology sectors. Eva Live, Inc. is a technology company focused on live entertainment and live streaming.
Eva Live, Inc. entered into a definitive agreement to acquire a 51% ownership interest in Spiro Senior Living and its related operating entities. The transaction is subject to final documentation expected to be completed by July 1, 2026. Eva Live, Inc. operates in the senior living and real estate sector.
Eva Live, Inc. signed a letter of intent to acquire Psquared to enhance its AI-powered performance marketing platform. The company operates in the digital advertising market.