Mixie Technologies, Inc. (OTC: PHCG) formerly known as Pure Harvest Corporate Group, Executes Binding Letter of Intent to Acquire Minority Interest in HoloTwin LLC
Globenewswire·2025-12-01 13:30

Core Insights - Mixie Technologies, Inc. has entered into a binding Letter of Intent to acquire 25% of HoloTwin LLC, with an option to acquire an additional 26% [1] - The company is transitioning to a technology-centered model focused on scalable platform solutions and recurring revenue [2] Company Overview - Mixie Technologies is developing a technology ecosystem that includes AI tooling, digital twin infrastructure, and media technologies, aimed at creating productized deployments and long-term licensing opportunities [2][8] - The company was formerly known as Pure Harvest Corporate Group and has recently changed its name in November 2025 [9] HoloTwin LLC - HoloTwin develops a digital twin platform that consolidates operational data from various vendor systems into a unified interface, addressing fragmentation in venue operations [3][10] - The platform is particularly beneficial for sports and entertainment sectors, where it enhances operational efficiency and decision-making [4][10] Market Potential - The global digital twin market is projected to grow significantly, with estimates ranging from USD 24.48 billion in 2025 to USD 259.32 billion by 2032, indicating a compound annual growth rate (CAGR) of approximately 40.1% [5] - Another analysis suggests a growth from USD 21.14 billion in 2025 to USD 149.81 billion by 2030, with a CAGR near 47.9% [5] Strategic Importance - The acquisition of HoloTwin aligns with Mixie's strategy to become a platform-based technology company, enhancing its capabilities in digital twin visualization and AI-supported analysis [6] - The engagement with a major global sports organization highlights HoloTwin's role in improving venue operations and infrastructure oversight [4][6] Transaction Details - The completion of the transaction is subject to customary closing conditions, including due diligence and the execution of a definitive agreement [7]

Mixie Technologies, Inc. (OTC: PHCG) formerly known as Pure Harvest Corporate Group, Executes Binding Letter of Intent to Acquire Minority Interest in HoloTwin LLC - Reportify