RE: Possible future valuation of CapAI based on industry benchmarks5 Aug 2025 14:52
Excellent news and mms taking this down
Execution of Heads of Terms for Movie42
capAI (LSE: CPAI) is pleased to announce that it has entered into non-binding heads of terms ("HOTs") with R42 Group LLC ("R42") in relation to Movie42, an AI-powered book-to-film platform that converts written content into cinematic storyboards, scripts, and production-ready visual assets ("Movie42").
The proposed transaction, which remains subject to receipt of regulatory approval and entry into an agreed form of definitive licence and option agreement ("LOA"), would contribute to the evolution of capMedia, the Company's specialised media division focused on deploying scalable AI technologies.
Movie42 remains under active development by R42, with delivery of a minimum viable product ("MVP") targeted by 31 March 2026. The licence and option rights that would be granted to capAI under the LOA will only become effective upon formal delivery of a completion notice (the "Completion Notice") confirming the platform is ready for commercialisation.