Raytelligence in LOI to acquire WIPO
Raytelligence and the Chinese wireless charging company WIPO have signed a Letter of Intent regarding a reverse take-over, where Raytelligence acquires WIPO and WIPO’s shareholders become majority shareholders in Raytelligence. WIPO (Shanghai) New Energy Technology Co., Ltd (“WIPO”) is a leading provider of high-power wireless charging systems and solutions for electric vehicles and advanced intelligent equipment, such as AI-driven robots and automated guided vehicles. WIPO’s proprietary technology enables efficient, contactless power transfer with high reliability and performance,