Aura Air News
Merchavia Holdings and Investments Ltd. has signed a Memorandum of Understanding (MoU) for its first investment in the Aura Smart Air, a company that deals with purification and air quality management using artificial intelligence technology. According to the MoU, Merchavia will invest $250,000 and will receive preference shares, which constitute approximately 1.93% of Aura Air's issued and fully diluted capital for its investment. Merchavia's investment will be made at a $10 Million valuation...