-
Taiwan raids tech firms in China AI chip smuggling probe
-
Online same-sex romance series embrace AI 'freedom'
-
Morocco 'unstoppable' says coach after Netherlands thriller
-
New Oxford academic centre symbolises UK's big-donor era
-
Russia's small businesses pay the price of spiralling Ukraine war
-
Trump says Iran meeting set in Qatar, despite uncertainty
-
Paraguay shock Germany as Brazil, Morocco advance at World Cup
-
Morocco down Netherlands to reach World Cup last 16
-
NASA robot mission aiming to rescue space telescope
-
Asian stocks unable to track Wall St higher, yen holds at 40-year low
-
Mouse-that-roared Paraguay savors World Cup win over Germany
-
'We came from nothing': DR Congo dreams of England World Cup upset
-
Taiwan's ageing seaweed harvesters hope younger women wade in
-
Peruvian political heir Fujimori wins presidency
-
Key Venezuela port opens with US aid, as burials begin
-
What to expect as EU small parcel levy kicks in
-
Ambitious Japan search for answers after World Cup exit
-
Nagelsmann says won't 'run away' after Germany World Cup exit
-
How NATO will try to keep Trump happy at Ankara summit
-
Paraguay coach salutes 'extraordinary' World Cup win over Germany
-
Ultra-wealthy Chinese exile in New York sentenced to 30 years for fraud
-
Japan fans stunned as Brazil end their World Cup dream
-
Years on, families bury 68 Indigenous victims of Guatemala civil war
-
'Powerhouse' Haaland leads by example at World Cup: Norway coach Solbakken
-
'Deliberate' Monaco explosion wounds Ukrainian oligarch
-
Sadness and joy as breakaway Catholic group nears schism
-
Paraguay shock Germany, Brazil advance at World Cup
-
Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Study Results
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - June 30
-
Creality Printers Review Site Help Buyers Compare Creality Printers
-
Tenstorrent Sets New Performance Records, Launches TT- Ascalon S, and Expands Across Japan
-
Germany dumped out by Paraguay in seismic World Cup shock
-
'I recognized her ring': identifying Venezuela's dead in a makeshift morgue
-
More than 1,000 drones detected since start of World Cup: FBI
-
Tuchel defensive headache as England ready for DR Congo clash
-
Extreme heat warning issued for World Cup host Kansas City
-
US reopens Venezuela port as quake deaths top 1,700
-
Bloodied but unbowed: Sinner, Djokovic survive Wimbledon scares
-
Coach says Japan getting closer to World Cup glory despite defeat
-
Djokovic battles past Wu in 'challenging' Wimbledon first round
-
NBA Grizzlies deal Morant to Portland: report
-
World Bank drops climate finance targets in renewed action plan
-
Sweden ready for 'game of our lives' in France World Cup clash
-
Ancelotti says never doubted 'suffering' Brazil would score
-
MLS Chicago Fire announce signing of Poland's Lewandowski
-
Venezuela's quake-hit La Guaira port 'operational': US military
-
Tech rebound lifts Dow to record, yen hits 40-year low against dollar
-
Martinelli late show as Brazil down Japan to reach World Cup last 16
-
US Supreme Court rules on dragnet searches of cellphone location data
-
Madueke says he can be England's World Cup game-changer
Nexscient(R) Signs $6.2M Deal to Acquire Flipside AI, Pioneering Physical AI Data Expertise
Strengthening its position in embodied AI data for Vision-Language-Action (VLA) models as the global AI robotics market surges toward $125 billion by 2030
LOS ANGELES, CA / ACCESS Newswire / January 14, 2026 / Nexscient, Inc. (OTCQB:NXNT), a leading innovator in artificial intelligence (AI) applications and intelligent enterprise solutions, today announced the execution of a definitive Stock Purchase Agreement to acquire Flipside Digital Content Company, Inc. ("Flipside AI"), a Philippines-based leader in AI data engineering.
Under the terms of the agreement, Nexscient will acquire 100% of Flipside's issued and outstanding shares through a multi-step reorganization for an aggregate consideration of approximately $6.20 million, consisting of $600,000 in cash, a $450,000 convertible promissory note, and 6,846,000 shares of Nexscient's restricted common stock. The agreement is also subject to customary working capital and indebtedness adjustments.
Flipside AI specializes in structured data collection, human-in-the-loop judgment workflows, and rigorously quality-controlled curation pipelines. The company is also a recognized pioneer in Physical AI data engineering, delivering high-precision datasets that power next-generation Vision-Language-Action (VLA) models and embodied AI systems requiring tightly integrated visual, contextual, and action-oriented training data.
The rapidly emerging VLA segment sits at the forefront of the AI robotics industry, enabling robots to perceive environments, interpret instructions, and perform complex physical tasks in real-world settings. According to a Grand View Research report, "Artificial Intelligence in Robotics Market (2024-2030)," the global AI robotics market is projected to grow from approximately $16.1 billion in 2024 to more than $124.8 billion by 2030.
"This acquisition significantly strengthens Nexscient's position in the high-growth Physical AI and robotics data ecosystem," said Fred E. Tannous, Chief Executive Officer of Nexscient, Inc. "Flipside AI brings deep operational expertise, proven scalability, and a highly skilled global team. Together, we believe that we are uniquely positioned to deliver comprehensive AI data solutions to enterprise and next-generation AI customers worldwide."
The acquisition is expected to meaningfully expand Nexscient's global footprint and enhance its end-to-end capabilities in computer vision, natural language processing, physical AI, and generative AI training data workflows-advancing the company's vision of building a fully vertically integrated AI ecosystem spanning data, software, infrastructure, and applied intelligence.
"We are thrilled to join forces with Nexscient and begin this exciting next chapter," said Anthony De Luna, Chief Executive Officer of Flipside Digital Content Company, Inc. "Our shared commitment to quality, innovation, and scalability, combined with Nexscient's strategic resources and platform, will enable us to accelerate growth and deliver even greater value to our global customer base."
The transaction includes customary representations, warranties, covenants, post-closing purchase price adjustments, and indemnification provisions. Closing remains subject to the satisfaction of standard closing conditions, including completion of the reorganization process, required regulatory filings, and receipt of applicable government clearances.
About Nexscient, Inc.
Nexscient, Inc. (OTCQB: NXNT) is a forward-thinking AI company developing and delivering advanced artificial intelligence applications and intelligent enterprise solutions. The company is focused on building a vertically integrated ecosystem spanning high-quality training data, software platforms, infrastructure, and applied AI to serve enterprise and emerging technology customers worldwide.
About Flipside Digital Content Company, Inc.
Flipside AI is a leading Philippines-based AI data engineering company specializing in structured data collection, human judgment workflows, and quality-controlled curation pipelines for advanced AI systems, with particular expertise in Physical AI, Vision-Language-Action models, and embodied intelligence datasets.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are not statements of historical fact regarding the intent, belief or current expectations of Nexscient, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy; (iv) performance of our products and services, (v) the satisfaction of various closing conditions, and (vi) the timing and receipt of regulatory and government approvals. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Nexscient's ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2025, Forms 10-Q and 8-K, and in other filings we make with the Securities and Exchange Commission from time to time. Readers are cautioned not to place undue reliance on these forward-looking statements. These documents are available in the SEC Filings section of the Investor Relations section on our website at https://nexscient.ai. The Company cautions readers. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
MEDIA CONTACT:
Nexscient, Inc.
Fred E. Tannous, President & CEO
Email: [email protected]
Phone: +1 (310) 494-6620
SOURCE: Nexscient, Inc.
View the original press release on ACCESS Newswire
W.Stewart--AT