Recruiter.com Group, Inc. Enters Technology License and Commercialization Agreement with GoLogiq, Inc
February 26, 2024 at 09:01 am EST
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On February 23, 2024, Recruiter.com Group, Inc. (the Company) entered a Technology License and Commercialization Agreement with GoLogiq, Inc. (the "GOLQ Licensing Agreement"). Under the GOLQ Licensing Agreement, GoLogiq grants the Company a worldwide, exclusive license to develop its fintech technology and sell products derived thereof, including its Createapp, Paylogiq, Gologiq, and Radix AI technology and products, for a term of 10 years, with automatic two (2) year renewals. The GOLQ Licensing Agreement supersedes and replaces the original agreements entered into with GoLogiq last year.
The compensation for the license includes the issuance of 19.99% of the Company's outstanding stock and an 8% fee on sales of the products.
GoLogiq, Inc. is a global provider of financial technology (fintech) and mobile solutions for digital transformation and consumer data analytics. The Companyâs software platforms are comprised of CreateApp, which is a mobile app development and publishing platform for small-to-medium sized businesses (SMBs); AtozGo, which is an app-based delivery platform; AtozPay, which is an e-wallet for mobile top-ups, e-commerce purchases, bill payment, and microfinance; and Radix, a big data analytics platform. Through the Companyâs subsidiary, GenFi Financial Group, Inc., and its subsidiaries (GENFI Group), it provides wealth management, direct-to-consumer lending platforms, mortgage broking, accounting, taxation advice, reporting, structuring, and solutions for individual investors and small-to-medium businesses in Australia. It also offers compliance services, including advice regarding managed investment schemes (MIS), self-managed superannuation funds (SMSF), and other ancillary services.
GOLOGIQ, INC. 
