M&A
confidence high
sentiment positive
materiality 0.75
Spectral Capital signs definitive deal to acquire 42 Telecom for 8M shares plus earnout shares
SPECTRAL CAPITAL Corp
- Acquiring 100% of Maltese messaging-infrastructure provider 42 Telecom Ltd.
- Issue 8,000,000 shares upfront; 8,000,000 shares in escrow for 2025/2026 earnouts.
- Earnout tied to 2025 revenue guarantee of $15,000,000.
- Spectral abandons proposed Perks Loyalty (White Label) investment; no definitive agreement.
- Closing subject to board and shareholder approvals and PCAOB audit.