Cuentas signs LOI to acquire 30M shares of Sekur Private Data for $500K cash and FCC license

Cuentas Inc.

Cuentas to receive 5M SWISF shares for $500K cash, used for SWISF working capital.
Cuentas to receive 25M SWISF shares in exchange for its MVNO Agreement and FCC 214 license, valued at $2.5M.
LOI is non-binding; definitive agreement targeted by May 15, 2024, closing by May 31, 2024.
Share price set at $0.10 per share, a premium over current $0.062.
SWISF board to increase to five members; Cuentas to nominate two directors.

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