DataMEDS AI Enters Settlement Agreement On Sept 11, 2026; Expects To Extinguish $19M In Liability From Agreement

On September 11, 2026, DataMEDS AI, Inc. entered into a settlement agreement that will allow the company to extinguish approximately $19 million in liability. The company paid $450,000 as part of the agreement, which included $350,000 for the repurchase of 364,099 shares of common stock and $100,000 for settling claims related to a prior Membership Interest Purchase Agreement. The settlement resolves ongoing litigation involving several parties, including Brian Norton and RxERP, Inc.