ImagineAR (OTCQB: IPNFF) Announces Its Subsidiary, FameDays, Selected to be Technology Project Lead for a Planned 50,000 Square Foot Immersive Entertainment Center in Southern USA Launching in 2024
ImagineAR Enters into Binding Letter of Intent with 4Front Development from New York City to Acquire Minority Share of FameDays
VANCOUVER, BC, June 26, 2023 /PRNewswire/ – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality company that enables sports teams, brands and businesses to instantly create their own immersive AR experiences, announced today its wholly-owned subsidiary, FameDays, has been selected by 4Front Development (“4Front“) to be the Technology Project Lead for the newly planned Immersive Entertainment Center within a Tourist and Residential Complex in a southern state of the United States (the “Project”). Additionally, ImagineAR has signed a binding Letter of Intent (the “LOI“) with 4Front pursuant to which 4Front will acquire a minority share interest in FameDays Inc. (the “Transaction“).
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