SYDNEY – Decidr AI Industries Ltd (ASX:DAI) said on Wednesday it has signed a binding agreement to acquire Delaware-based Sugarwork Inc., marking its entry into the United States market as part of a global expansion strategy.
The deal, structured as a scrip-for-scrip equity swap through Decidr’s newly formed U.S. subsidiary, Decidr US, will see Sugarwork shareholders receive a 4.24% stake in the entity. Decidr will also assume about USD 0.4 million in outstanding SAFE notes and inject USD 4 million in working capital to support U.S. growth.
Founded in 2022, Sugarwork helps enterprises capture operational knowledge and identify workflows suitable for automation. Its customers include Supergoop, Appen and L-Cubed, spanning finance, healthcare and industrial services.
Decidr said the acquisition complements its DecidrOS agentic AI platform by adding enterprise-grade knowledge intelligence, enabling clients to move from workflow discovery to automation. The company expects the deal to close in the second quarter of FY2026, subject to customary approvals.
“This partnership connects Sugarwork’s ability to uncover and document business insights with Decidr’s agentic execution layer,” said Sugarwork CEO Vanessa Liu.
Executive Chairman David Brudenell called the acquisition “a transformational step” that strengthens Decidr’s position in horizontal agentic AI enablement.
An investor webinar is scheduled for Nov. 21 to discuss the transaction.