Ehave Snaps Up AI Headhunter for $10M, Signaling Commitment to AI
AIHeadHunter Slashes Hiring Time by 85% and Costs by 70% — Ehave’s Vision to Incubate Scalable Platforms Tackling Real-World Inefficiencies Comes to Life in a $700 Billion Industry Projected to Top $2 Trillion by 2033
Ehave, Inc., today announced the acquisition of AIHeadHunter, an artificial intelligence-powered recruitment platform, through an asset purchase agreement. The transaction marks a significant step in Ehave’s strategic shift toward becoming a developer and operator of applied AI solutions.
Under the terms of the agreement, Ehave acquired the assets of AIHeadHunter from Klizo Ventures Inc. The acquired assets include proprietary software, intellectual property, branding, domain names, and other related technologies and materials. The purchase price consists of $2.7 million in newly created Series A Convertible Preferred Stock and 100 million shares of common stock. The Preferred Stock is convertible into common shares at a rate determined by a volume-weighted average price formula and is subject to shareholder approval of an amendment to Ehave’s articles of incorporation. As a result of the transaction, Klizo Ventures Inc. will own more than 5% of Ehave’s outstanding shares and be considered an affiliate under applicable securities regulations.
The agreement also includes performance-based earnouts of up to $7 million in additional Preferred Stock, tied to specific revenue and customer milestones.
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Ben Kaplan, CEO of Ehave, said, “This acquisition positions us to capitalize on the tremendous opportunity in workforce automation and AI-driven recruitment. Our long-term vision is to incubate and scale platforms like AIHeadHunter that solve real-world inefficiencies.”
Since its last public update on Dec. 31, 2024, Ehave has been operating intentionally under the radar while executing a strategic realignment. Behind the scenes, the company has been focused on structuring several game-changing transactions to accelerate its evolution into a data-driven technology platform. The acquisition of AIHeadHunter marks the first in a series of planned initiatives aimed at delivering intelligent, AI-powered solutions. As Ehave transitions into a company committed to transforming the way people live and work through artificial intelligence, it remains focused on developing practical, user-centric tools that turn raw data into meaningful insights.
“This is just the beginning,” Ben Kaplan continued. “We are rebuilding Ehave from the inside out and our process is driven by intelligent systems designed to solve real, large-scale problems.”
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