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sentiment neutral
materiality 0.20
Gold Rock Holdings forms subsidiary Loot8, acquires Web3 content management IP
GOLD ROCK HOLDINGS, INC.
- Formed wholly owned subsidiary Loot8, Inc. in Wyoming to acquire Loot8 intellectual property.
- Loot8 is a Web3 Commerce and Content Management Engine Software using multiple blockchains and IPFS file system.
- Acquisition part of management's plan to shift business focus to AI and blockchain digital assets.
- No deal value or financial terms were disclosed in the filing.