other_material
confidence high
sentiment neutral
materiality 0.70
DLT Resolution terminates and rescinds March 2024 Share Purchase Agreement, receives back 6,013,000 shares
DLT Resolution Inc.
- Termination and Rescission Agreement entered April 14, 2025, with Sellers: Global Motor Trade LLCs, Charles Bronfman, Abdul Matin Moosa.
- All 6,013,000 shares of DLT common stock issued under the SPA to be returned by Sellers.
- Parties mutually release all claims, liabilities, or obligations related to the Share Purchase Agreement.
- LLCs remain under Sellers' ownership; no interest transferred to DLT.
item 1.02item 9.01