Mynd.Ai Inc., through its wholly owned subsidiary Promethean Limited, has entered into an Inventory Management and Consultancy Agreement with its majority shareholder, NetDragon Websoft Holdings Limited. As part of the agreement, NetDragon will provide supply-chain consulting services and extend inventory financing with a revolving credit cap of US$50 million. NetDragon will assume initial payment responsibility for Promethean's hardware supplier invoices, with Promethean reimbursing NetDragon within 365 days of inventory receipt, plus interest at 3% per annum. The agreement has an initial three-year term and will automatically renew for one-year periods unless terminated with six months' notice.

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