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Source: Pawtocol.
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  • New Wave (SPOR) has signed a letter of intent to acquire Pawtocol Holdings
  • Pawtocol is a pet platform powered by blockchain technology that connects the physical lives of pets and their owners with the rapidly expanding digital universe
  • The company is expected to issue 15,000,000 common shares priced at $0.35 per share as consideration
  • New Wave Holdings is an investment issuer focused on esports, nutraceuticals and support for adaptive and progressive health and wellness assets
  • New Wave (SPOR) is unchanged trading at $0.35 per share

New Wave (SPOR) has signed a letter of intent to acquire Pawtocol Holdings.

Pawtocol is a pet platform powered by blockchain technology that connects the physical lives of pets and their owners with the rapidly expanding digital universe. The platform offers owners full control over their pets’ information, including data monetization, blockchain pet tags and affordable NFT creation (forthcoming).

The company is expected to issue 15,000,000 common shares priced at $0.35 per share for the acquisition.

Completion of the proposed transaction remains subject to the negotiation of a definitive agreement.

New Wave Holdings is an investment issuer focused on esports, nutraceuticals and support for adaptive and progressive health and wellness assets.

New Wave (SPOR) is unchanged trading at $0.35 per share as of 12:41 pm EST.

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