M&A
confidence high
sentiment negative
materiality 0.80
NFiniTi inc.: M&A transaction — NFiniTi subsidiary acquires CyberSyn crypto exchange; issues $500K convertible note with 50% OID
NFiniTi inc.
- NFiniTi 1 Inc. acquired all membership interests of CyberSyn LLC, a pre-revenue centralized crypto exchange for U.S. market.
- CyberSyn members received 90% of NFiniTi 1 equity; parent NFiniTi retains 10%.
- Parent issued $500K convertible note with 50% OID ($250K funding), 15% interest, matures May 2027.
- Note converts at 25% discount to lowest 30-day VWAP, subject to 4.99% beneficial ownership cap.
- NFiniTi ceased being a shell company in Feb 2025 after reverse acquisition of Artisan Beverages; now diversifying into fintech.