AIAI Holdings to Consolidate Military Equipment Marketing Agreement Business

09:08 AM EDT, 09/18/2026 (MT Newswires) -- AIAI Holdings (AIAI) said Friday that its affiliated entity, Messier 42, agreed to contribute a controlling interest in the entity holding its military equipment marketing agreement to the company, replacing a previously announced letter of intent for AIAI to acquire a controlling interest in the entity. AI2 will consolidate 100% of the entity's revenue and EBITDA, while distributing about 50% of resulting free cash flow to M42, it said. The company said the arrangement requires no cash or stock consideration. M42 previously projected the agreement could generate $250.0 million in free cash flow during the 12 months following closing, AIAI said. The transaction is expected to close in October 2026, subject to execution of a definitive agreement, it added.