Horizons Holdings International, Corp. (OTCPK:HZHI) agreed to acquire Pai-Tech Artificial Intelligence, LTD for $9.2 million on July 2, 2019. Horizons Holdings issued 10.5 million shares as consideration with funding commitment up to $1 million in working capital for the next twelve months. Following the acquisition, PAI-Tech will serve as the technological arm of Horizons Holdings. The transaction is subject to regulatory approval. Horizons Holdings International, Corp. (OTCPK:HZHI) cancelled the acquisition of Pai-Tech Artificial Intelligence, LTD on March 7, 2020.