Gen 2 Technologies completes acquisition of PlayPal patent-pending IP in stock-and-royalty deal

• Gen 2 Technologies completed the acquisition of the patent-pending intellectual property behind PlayPal, a screen-free AI developmental play companion for children ages 3-8.
• Patent assignment executed under a definitive agreement signed Sept. 2, 2026, transferring full rights to the technology.
• Consideration includes 2 million restricted common shares to be issued within 60 days.
• Royalty set at 5% of net revenue, with milestone provisions that can raise it to 20%.
• Assignment includes a reversion feature tied to commercialization within 18 months, with a renewal clause added.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gen 2 Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609020800ACCESSWRNAPR_____1215658) on September 02, 2026, and is solely responsible for the information contained therein.