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ImagineAR Inc
Symbol IP
Shares Issued 265,236,033
Close 2024-09-10 C$ 0.048
Market Cap C$ 12,731,330
Recent Sedar+ Documents

ImagineAR hires Greenberg for patent protection

2024-09-10 16:40 ET - News Release

Mr. Alen Silverrstieen reports

IMAGINEAR FORTIFIES USA PATENT PROTECTION WITH STRATEGIC PARTNERSHIP

ImagineAR Inc. has retained global law firm Greenberg Traurig LLP to serve as ImagineAR's legal counsel in matters concerning ImagineAR's expansive patent portfolio, including the enforcement of rights against any infringement and the protection of the company's proprietary AR (augmented reality) technologies. Greenberg Traurig has more than 2,750 attorneys in 47 locations in the United States, Europe, and the Middle East, Latin America and Asia, has a recognized patent management and litigation practice, and is consistently among the top firms on the Am Law Global 100 and NLJ 500.

This collaboration solidifies ImagineAR's commitment to robustly safeguarding and maximizing the value of its cutting-edge patent portfolio and underscores ImagineAR's unwavering dedication to defending its intellectual property as it continues to revolutionize the AR landscape.

"ImagineAR stands at the forefront of the augmented reality revolution, driven by a relentless pursuit of innovation. As our technology continues to push the boundaries of what's possible, protecting our intellectual property is paramount," said Alen Paul Silverrstieen, chief executive officer of ImagineAR. "By partnering with Greenberg Traurig, a world leader in intellectual property law, we are ensuring that our patents are not only protected but also leveraged to their fullest potential. This strategic alliance enables us to remain laser-focused on delivering world-class AR solutions to our global clientele."

This strategic partnership marks a pivotal milestone in ImagineAR's journey to fortify its intellectual property rights, ensuring that its innovations continue to lead the AR industry forward.

Convertible note financing

Further to the press release of Aug. 30, 2024, the company is pleased to announce that the first tranche of the convertible note financing in the amount of $125,000 has closed. All securities issued pursuant to the financing are subject to a hold period of four months and one day.

About ImagineAR Inc.

ImagineAR is an augmented reality (AR) platform that enables sports teams and businesses of any size to create and implement dynamic mobile AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers point their mobile devices at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3-D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real time. The AR enterprise platform supports both IOS and Android mobile devices and coming wearable technologies.

We seek Safe Harbor.

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