🇺🇸FingerMotion (FNGR) completed the purchase of a 9.9% stake in Lyken.AI using 1,674,480 restricted shares, with no cash paid at closing.

FingerMotion completed its acquisition of a 9.9% equity interest in Lyken AI Computing Inc., which operates as Lyken.AI, on August 17, 2026. The seller was Alset AI Ventures Inc., which retained a 90.1% controlling interest after the transaction.

Consideration consisted of 1,674,480 restricted FingerMotion common shares, and no cash was paid at closing. The transaction was presented in FingerMotion’s August 28 SEC-filed press release as the first executed step under the company’s new management team.

FingerMotion said the new team had set a direction of owning and operating enterprise AI compute capacity in North America alongside its existing mobile-data and telecommunications business in China. Its previously announced framework with BlueFlare for behind-the-meter AI and high-performance-computing infrastructure across Alberta, British Columbia, and Saskatchewan remains a memorandum of understanding, under which BlueFlare was contemplated as the primary development partner rather than disclosed as a completed deployment.