---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-005936"
form_type: "8-K"
ticker: "WYTC"
cik: "0001560143"
company_name: "WYTEC INTERNATIONAL INC"
filed_at: "2024-08-21T23:59:59+00:00"
generated_at: "2026-05-31T08:14:39.798846+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-24-005936
- form_type: 8-K
- ticker: WYTC
- cik: 0001560143
- company_name: WYTEC INTERNATIONAL INC
- filed_at: 2024-08-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560143/000168316824005936/0001683168-24-005936-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560143/000168316824005936/wytec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005936
- JSON: https://secwatch.observer/filing/0001683168-24-005936.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005936.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.