Source: Pawtocol.
  • 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.

More From The Market Online

Canadian Transit security stock spreads its U.S. reach

Gatekeeper Systems Inc. (TSXV:GSI) receives a C$645,000 purchase contract from Cascades East Transit in central Oregon.

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Netflix trounces subscriber growth estimates in Q1 2024

Netflix (NASDAQ:NFLX) added 9.33 million subscribers in Q1 2024, almost double the consensus forecast of analysts polled by LSEG.