Spectral Capital acquires Node Nexus Network in reverse merger; issues 40M shares for 100% of target

SPECTRAL CAPITAL Corp

Spectral to issue 40M common shares (38.94% of post-deal total) for Node Nexus Network, a Dubai-based decentralized cloud/AI firm.
Target shareholder Sean Brehm also invests $1M at $0.20/share via separate subscription, obtaining 5M additional shares.
Post-closing, Brehm will hold 45M shares (~41.78%); he was recently appointed director and chairman of Spectral.
Target has minimal liabilities ($5K) and IP in distributed quantum ledger DB, decentralized cloud, and AI technologies.
Closing expected by July 31, 2024, subject to conditions including PCAOB-audited financials and IP assignment.

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