M&A
confidence high
sentiment neutral
materiality 0.70
Spectral signs binding term sheets to acquire Snack Prompt and MultiCortex for up to 20M shares
SPECTRAL CAPITAL Corp
- Snack Prompt acquisition: 10M shares (1.5M initial + 8.5M earn-out) and up to $5M investment; $4M ARR milestone for earn-out.
- MultiCortex acquisition: 10M shares (1.5M initial + 8.5M earn-out) and up to $15M investment after PCAOB audit and Nasdaq uplist.
- Snack Prompt founder Eder Teixeira to receive $175K base salary plus 50% bonus; CMO designee at $10K/month.
- MultiCortex term sheet includes 12-month lock-up, anti-dilution protections, and up to 40% equity for Brazilian defense subs.
- Both transactions are subject to due diligence, board approvals, definitive agreements, and audit conditions – no assurance of closing.