Global Tech Industries Group, Inc. signed a purchase agreement to acquire Classroom Salon Holdings LLC. – QNT Press Release

[ad_1]

New York City, New York, December 18, 2021 (Global News Agency)- Global Technology Industry Group Corporation (OTCQB:GTII) (“GTII” or “Company”), www.gtii-us.com, A Nevada company, today announced that it has executed a member unit purchase agreement to acquire 100% of Classroom Salon Holdings, LLC (“Classroom Salon Holdings”). Classroom Salon, LLC (“Classroom Salon”), a subsidiary of GTII and Classroom Salon Holdings, has previously extended the execution date of the final purchase agreement to December 30, 2021.

Classroom Salon Holdings is a Delaware limited liability company that aims to acquire Classroom Salon, LLC. The acquisition is expected to take place within thirty (30) days. Classroom salons use interfaces, workflows, and algorithms to provide educators with a unique set of tools to teach and evaluate coursework. The software was developed in cooperation with Carnegie Mellon University.

Classroom Salon’s software uses algorithms to observe and understand students’ reactions when studying materials. Analyze 180 different operations, such as mouse scrolling, time spent reading certain paragraphs, clicks, and many custom interface tools (such as highlighters). Analyze the results and provide educators with a tool to understand students’ areas of interest and areas where students need more education focus.

As a consideration for the acquisition of Classroom Salon Holdings, GTII will issue ten million (10,000,000) common shares of the company.

David Reichman, Chairman of GTII Express”…

The full story can be found on Benzinga.com

[ad_2]

Source link

Recommended For You

About the Author: News Center