Core Insights - Intellabridge Technology Corporation has announced a strategic realignment of its growth initiatives within the GreenTech sector, transitioning to a partnership with Spark Plug Chargers Inc. [1][2] - The partnership model is seen as optimal for leveraging Spark Plug's hardware expertise alongside Intellabridge's software and impact capabilities, rather than pursuing a direct acquisition [4][5] Strategic Partnership - The Company and Spark Plug have mutually agreed to pursue a strategic partnership, concluding the previously announced Letter of Intent (LOI) [2] - This transition allows both parties to maintain independent growth paths while focusing on future collaboration [2] Market Review and Insights - A comprehensive market review and due diligence process conducted over the past six months provided deep visibility into the evolving landscape of electric vehicle (EV) infrastructure and smart city development [3] - Insights gained indicated that significant value creation aligns with the convergence of Intelligent Sustainable Infrastructure and the Company's proprietary impact technologies [4] Management Commentary - The CEO of Intellabridge expressed appreciation for the cooperation of the Spark Plug team during the due diligence phase, emphasizing the importance of rigorously testing assumptions and identifying core competitive advantages [5] - The transition to a partnership model is expected to unlock greater synergies than a traditional acquisition, with a focus on deploying an 'Impact-as-a-Service' loyalty layer across the broader infrastructure ecosystem [5] Company Overview - Intellabridge Technology Corporation is an impact-driven technology company focused on advancing global Sustainable Development Goals (SDGs) through proprietary technology solutions in the CleanTech, GreenTech, and intelligent infrastructure sectors [6]