- Crowd Media (CM8) enters a trading halt, as the company awaits fresh funds
- Trading in its shares will be paused until the company releases further details about the capital raise, which is expected before Monday, May 30
- At the centre of its latest announcements, is its Talking Head platform, which uses artificial intelligence to enable digital avatars to converse with humans
- The company recently signed two separate commercial agreements for the technology to be integrated into the media search sector and NFT marketplace
- Shares in the company last traded at 3.6 cents each
Crowd Media (CM8) has entered a trading halt, as the company awaits fresh funds.
Trading in its shares will be paused until the company releases further details about the capital raise, which is expected before Monday, May 30.
It is unknown what the company is looking to raise funds for or how much it is aiming to raise.
The company’s mission is to create human-like digital interactions and communication tools.
At the centre of its latest announcements, is its Talking Head platform, which uses artificial intelligence to enable digital avatars to converse with humans.
The company recently signed two separate commercial agreements for the technology to be integrated into the media search sector and NFT marketplace.
Shares in the company last traded at 3.6 cents each.