AZIO AI has provided an update on its previously announced merger framework with Envirotech Vehicles (NASDAQ: EVTV), establishing a reference transaction value of $3.00 per EVTV share. The update follows significant business momentum, including a binding purchase order for 256 Nvidia B300 GPUs tied to a major Southeast Asian government contract valued at approximately $107 million. The merger framework remains subject to customary closing conditions and definitive documentation.

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. Envirotech Vehicles Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA60718) on January 12, 2026, and is solely responsible for the information contained therein.