Actelis Networks terminates deal to acquire 61%-70% of Quality Industrial

Quality Industrial Corp.

ASNS gave 30-day termination notice on Oct 10, 2024; term sheet canceled Nov 11, 2024.
Prior binding term sheet (May 23, 2024) covered acquisition of 61%-70% of Quality Industrial's common stock.
Deal termination is definitive; no further conditions or extension mentioned.
No new acquisition or alternative transaction announced.

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