DataMetrex Signs Definitive Agreement to Acquire Yuzu Payment Processing Solution From Firstpayment Inc.
Desktop MetalDesktop Metal(US:DM) Accessnewswire·2025-12-10 13:35

Core Viewpoint - Datametrex AI Limited has signed a definitive asset purchase agreement to acquire the Yuzu payment processing solution from Firstpayment Inc for $5.5 million, which will be paid through the issuance of 55 million common shares at a deemed price of $0.10 per share [1] Transaction Details - The acquisition involves the purchase of the Yuzu Payment Solution along with related patents and intellectual property from Firstpayment, a Canadian fintech company [1] - The transaction is structured as an arm's length transaction, ensuring that it is conducted fairly and without conflicts of interest [1] - The total purchase price for the Yuzu Payment Solution is $5.5 million, satisfied by issuing 55,000,000 common shares [1]