Spectral Capital agrees to acquire Crwdunit Inc. for $15M in stock; related-party transaction

SPECTRAL CAPITAL Corp

Purchase price of $15M paid via 3.75M newly issued shares of common stock.
Target has proprietary Quantization Mechanism for decentralized cloud performance measurement.
Closing expected by December 10, 2024, subject to due diligence, regulatory and board approvals.
Seller is CrowdPoint Technologies, controlled by Chairman Sean Michael Brehm (related party).
Acquisition supports Spectral's Quantum Bridge initiative; follows a licensing deal by subsidiary IBA.

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