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News  ›  Benzinga

Vocodia Announces Commitment Letter to Acquire a Majority of Privacy Pal LLC; Tech Industry Veteran Jason Melo to Serve as CEO

Benzinga Logo Benzinga By Globe Newswire
Vocodia Announces Commitment Letter to Acquire a Majority of Privacy Pal LLC; Tech Industry Veteran Jason Melo to Serve as CEO

Vocodia Holdings Corp (OTC:VHAI) announced a commitment letter to acquire 51% of Privacy Pal LLC, an AI privacy solution developer. Tech veteran Jason Melo will become CEO upon closing, while current CEO Brian Podolak transitions to Chief Visionary Officer. The acquisition aims to integrate Privacy Pal's data protection capabilities with Vocodia's conversational AI technology.

Insights
RBSFY   negative

Jointly liable for the anticompetitive practices and financial sanctions


VHAI   positive

Strategic acquisition of Privacy Pal strengthens product offerings by integrating advanced data protection with existing AI technology. Leadership transition to experienced tech executive Jason Melo with proven track record at major fintech and tech companies (Paxos, Node.js development) signals confidence in execution and scalability. Expansion into privacy-focused AI solutions addresses growing market demand.