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WiseTech plans FRDM.ai acquisition to power VerifyWiseBusiness — Jul 21, 2026WiseTech Global has agreed to acquire FRDM.ai for US$10 million upfront plus up to US$14.31 million in earn-outs, with completion expected on August 3, 2026, to power its VerifyWise AI-enabled compliance platform across multi-tier supply chains. The deal moves WiseTech from transaction-level screening to network-wide risk verification, leveraging FRDM.ai’s real-time risk scoring and billions of trade records, while financing details include issuing up to 192,150 new shares and a 12-month escrow arrangement.