I-ON Digital agrees to acquire Orebits Acquisition Group parent of Orebits Corp for gold-backed digital assets

I-ON Digital Corp.

Agreement in principle to acquire all membership interests of Orebits Acquisition Group (OAG), majority shareholder of Orebits Corp.
Approximately 10,000 Orebits.AU gold-backed digital assets to be transferred and converted into ION.au digital securities on I-ON's hybrid blockchain.
Transaction expected to close in Q3 2023, subject to due diligence and definitive documentation.
CEO Carlos X. Montoya says the deal will expand financial options and strengthen capital position.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.