Wisr AI signs definitive deal with RiskAssure vendors

Executive Summary

• Wisr AI Systems Inc. has signed a definitive asset purchase agreement to acquire RiskAssure, an AI-native response automation platform for security assessments, following a non-binding letter of intent signed on July 15, 2025.
• The acquisition is structured as a share-based transaction valued at $1,562,500, intended to accelerate the development of Wisr AI's agentic AI risk intelligence platform and expand commercialization opportunities.
• Closing is subject to regulatory approvals and is expected to occur in the near future.

Key Details

• Transaction Structure: Definitive asset purchase agreement with arm's-length vendors of RiskAssure.
• Consideration: Aggregate of 6.25 million common shares of Wisr AI.
• Valuation: Deemed price of $0.25 per share, resulting in an aggregate transaction value of $1,562,500.
• Target Asset: RiskAssure, an artificial-intelligence-native response automation platform designed to streamline third-party security assessments by analyzing vendor security documentation and generating context-rich responses to security questionnaires.
• Strategic Rationale: The acquisition aims to accelerate the development of Wisr AI's agentic AI risk intelligence platform and expand commercialization opportunities. RiskAssure integrates into existing GRC, TPRM, and sales workflows to reduce manual workload and improve deal velocity.
• Closing Conditions: Subject to receipt of all necessary regulatory approvals.
• Previous Announcements: Follows the signing of a non-binding letter of intent dated July 15, 2025.

Notable Quotes

• "The acquisition of RiskAssure will further enhance our strategy to deliver agentic AI solutions that not only predict risk but also automate action," said Rob Goehring, chief executive officer of Wisr AI. "RiskAssure is a powerful extension of our platform, enabling organizations to instantly respond to vendor requests while maintaining accuracy, transparency and trust."