Wytec signs LOI to acquire AIO Systems for $65M; AIO has $20M+ revenue, $3M net income

WYTEC INTERNATIONAL INC

AIO Systems manages 6500 cellular towers globally, with contracts with American Tower and Crown Castle.
Acquisition price of $65M in stock and cash; majority cash from GEM $100M SSF contract, approved by GEM.
AIO averaged $20M+ revenue and $3M+ net income over past 3 years; 2024 net income estimated over $5M.
Wytec plans to use merger to support Nasdaq uplisting and a $10/share initiative with 85K+ trading volume.
Wytec requests accredited shareholders fund $25K units of a 9.5% Note Program to help close merger.

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