Eva Live plans to acquire Psquared to enhance AI-driven growth and expand digital advertising capabilities, adding ~$50 million in revenue.
Quiver AI Summary
Eva Live Inc. has announced a Letter of Intent to acquire Psquared Inc., a profitable performance-marketing company that has generated over $50 million in revenue in the past four years. The acquisition is expected to enhance Eva Live's operational scale and accelerate its AI-driven growth by integrating Psquared’s media-buying expertise and multi-channel capabilities. Led by Jean-Sebastien Paul, a former Facebook executive, Psquared's team specializes in high-ROI performance campaigns across platforms like Meta, Google, and TikTok. This deal will allow Eva Live to expand its customer acquisition, optimize media performance, and strengthen advertiser relationships. The transaction is still subject to due diligence and regulatory approvals.
Potential Positives
- Proposed acquisition of Psquared Inc. adds approximately $50 million in revenue over the last four years while maintaining profitability.
- The integration of Psquared's experienced media-buying team enhances Eva Live's operational scale and capabilities, particularly within the rapidly growing digital advertising sector.
- Leadership continuity with Psquared's founder, Jean-Sebastien Paul, is expected to ensure cultural alignment and seamless integration post-acquisition.
- The transaction aims to unlock immediate and long-term synergies, accelerating growth and margin expansion through enhanced customer acquisition and media optimization.
Potential Negatives
- The proposed acquisition of Psquared Inc. is contingent upon due diligence and regulatory approvals, introducing uncertainty regarding the deal's completion.
- Historical revenue and profitability figures for Psquared are unaudited and may not be reliable, which could affect the perceived value of the acquisition.
- The press release positions Eva Live as still early in its growth cycle compared to industry peers like AppLovin, indicating it may need to overcome significant challenges to achieve similar success.
FAQ
What is the proposed acquisition about?
The acquisition involves Eva Live Inc. signing a Letter of Intent to acquire Psquared Inc., a profitable performance-marketing company.
How will the acquisition impact Eva Live's revenue?
The proposed deal adds approximately $50 million in revenue over the last four years on a profitable basis.
What expertise does Psquared bring to Eva Live?
Psquared offers a battle-tested media-buying team with deep expertise across platforms like Meta, Google, and TikTok.
Who will lead Psquared after the acquisition?
Jean-Sebastien Paul, the founder of Psquared, is expected to continue leading it as a wholly owned subsidiary.
What is Eva Live's growth strategy?
Eva Live's strategy focuses on combining AI technology with elite performance-marketing operations to build a competitive advantage.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GOAI Hedge Fund Activity
We have seen 10 institutional investors add shares of $GOAI stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 107,159 shares (+inf%) to their portfolio in Q1 2026, for an estimated $401,846
- GEODE CAPITAL MANAGEMENT, LLC added 101,180 shares (+inf%) to their portfolio in Q1 2026, for an estimated $379,425
- STATE STREET CORP added 29,900 shares (+inf%) to their portfolio in Q1 2026, for an estimated $112,125
- STERLING INVESTMENT COUNSEL, LLC added 25,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $93,750
- NORTHERN TRUST CORP added 17,161 shares (+inf%) to their portfolio in Q1 2026, for an estimated $64,353
- LPL FINANCIAL LLC added 15,525 shares (+inf%) to their portfolio in Q1 2026, for an estimated $58,218
- TOWER RESEARCH CAPITAL LLC (TRC) added 4,621 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,328
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
Proposed deal adds ~$50 million in revenue over the last four years on a profitable basis, a battle-tested media-buying team of performance marketing experts, and immediate operational scale to accelerate AI-driven growth
LAS VEGAS, NV, June 10, 2026 (GLOBE NEWSWIRE) -- Eva Live Inc. (Nasdaq: GOAI) , an AI-driven digital advertising and performance-marketing technology company, today announced it has signed a Letter of Intent (“LOI”) to acquire Psquared Inc., a profitable performance-marketing company that has generated more than $50 million in revenue over the last four years .
The acquisition positions Eva Live to rapidly scale its AI platform by integrating proven media-buying expertise, multi-channel execution capabilities, and an established profit engine—creating a powerful flywheel for customer acquisition, media optimization, and advertiser growth in the exploding digital advertising sector. Global digital ad spend is projected to approach $1 trillion in 2026 , with AI-powered solutions driving the highest growth rates (Yahoo Finance; IAB).
“Digital advertising rewards operators who combine elite media-buying talent with cutting-edge technology,” said David Boulette, CEO of Eva Live . “Psquared delivers a high-performing team with deep channel expertise across Meta, Google, TikTok, and all native platforms. Pairing with our AI engine and public market platform creates a growth engine for scaling advertiser results and capturing significant market share.”
Psquared was founded by Jean-Sebastien Paul , a seasoned performance marketing leader who previously served as Vertical Lead for Content Publishing at Facebook. He built the company to directly address the real-world challenges performance marketers face. Under the proposed transaction, he is expected to continue leading Psquared as a wholly owned subsidiary, ensuring seamless continuity and cultural alignment.
Psquared’s expert team of media buyers, engineers, and data scientists operates integrated, automated systems purpose-built for high-ROI performance campaigns. This addition will immediately expand Eva Live’s execution muscle, enabling deeper optimization across channels, faster campaign scaling, and stronger advertiser retention and expansion.
Eva Live’s strategy centers on building durable competitive advantage by fusing AI technology, rich data, and elite performance-marketing operations. The model has been validated at scale by AppLovin , which leveraged similar AI-driven optimization and customer acquisition capabilities to become one of the world’s most valuable ad-tech companies—with a market capitalization approaching $190 billion (Yahoo Finance).
“We’re not AppLovin—yet,” Boulette added. “But this combination follows the exact playbook that created massive shareholder value in ad tech: world-class operators + AI technology + capital market access. Psquared accelerates our trajectory meaningfully, and we are still very early in what we believe will be a multi-year growth cycle.”
Transaction Highlights
- Adds ~$50 million in revenue over the last four years on a profitable basis
- Brings a founder-led, multi-channel performance marketing team with proven expertise across Meta, Google, TikTok, and native inventory
- Ensures leadership continuity with Jean-Sebastien Paul continuing to lead Psquared
- Significantly expands customer acquisition, media optimization, and cross-channel capabilities
-
Unlocks immediate and long-term technology, data, and operational synergies to drive accelerated growth and margin expansion
The proposed transaction remains subject to due diligence, definitive documentation, regulatory approvals, and other customary closing conditions.
About Eva Live Inc.
Eva Live Inc. (Nasdaq: GOAI) is an AI-driven digital advertising and performance-marketing technology company focused on delivering superior customer acquisition, media optimization, and AI-powered marketing solutions for advertisers.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the proposed acquisition of Psquared Inc., its expected benefits, and Eva Live’s strategy and growth prospects. These statements are based on current expectations and are subject to risks and uncertainties. The proposed acquisition remains subject to due diligence, the negotiation and execution of definitive agreements, regulatory approvals, and other closing conditions; there can be no assurance that the transaction will be completed on the terms described, or at all. Historical revenue and profitability figures referenced for Psquared are unaudited and subject to confirmation in connection with the transaction. Actual results may differ materially from those expressed or implied. Eva Live undertakes no obligation to update any forward-looking statement except as required by law.
Media Inquiries:
Javan Khazali
Phone: 310-229-5981
Email:
[email protected]
Website:
@eva.live
Instagram:
@eva.liveinc
Facebook:
@evaliveinc
X:
@evaliveinc1
LinkedIn:
@eva-live
Youtube:
@evaliveinc
SOURCE: Eva Live Inc.
