m_and_a
confidence high
sentiment negative
materiality 0.70
NFiniTi acquires Metavox Holdings in stock swap; issues $500K convertible note with 50% OID
NFiniTi inc.
- Acquired Metavox (Metaverse platform) via subsidiary NFiniTi 2 Inc.; 90% of sub equity to Metavox members, 10% to parent.
- Convertible note: $500K principal, $250K funding after 50% OID, 15% interest, converts at 25% discount to 30-day VWAP.
- Metavox is pre-revenue, building hyper-realistic Metaverse on Unreal Engine 5 with native token $AMETA and NFTs.
- NFiniTi exited shell status in Feb 2025 via reverse merger with Artisan Beverages; now diversifying into web3.
- Financial statements of Metavox to be filed by amendment no later than Aug 1, 2025.
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