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GBT Technologies Announced Non- Binding Offer to Acquire Two Hands Corporation; Builds on Merchant Banking Strategy as Wertheim & Company
Globenewswire· 2025-09-19 12:00
Core Viewpoint - GBT Technologies Inc. has authorized a non-binding indication of interest to acquire all shares of Two Hands Corporation, with a proposed offer of US $0.00625 per share, which includes the assumption of Two Hands' outstanding debt obligations [1][2]. Group 1: Strategic Interest - The acquisition of Two Hands is seen as a strategic move to enhance GBT's initiatives in digital markets, technology, fintech, and the Gig Economy [3]. - Two Hands is transitioning into an investment holding company and has launched a Digital Asset Treasury and Trading Desk, partnering with More Money Ltd for expertise in crypto and blockchain [3]. Group 2: Regulatory Steps - Two Hands is planning a shareholder meeting in November 2025 to approve its change in business direction, aligning with GBT's goal to reposition as a merchant banking platform [4]. Group 3: Leadership Commentary - The CEO of GBT believes that integrating Two Hands' initiatives could accelerate GBT's development plans and create long-term value [5]. Group 4: Transaction Status - The indication of interest is non-binding and subject to negotiations, due diligence, and regulatory approvals, with no assurance that a definitive agreement will be reached [5]. Group 5: Company Overview - GBT Technologies is transitioning into Wertheim & Company, a global merchant banking platform, and aims to leverage its equity holdings and strategic initiatives in financial services and crypto asset management [6][7].
GBT Technologies Announced Non- Binding Offer to Acquire Two Hands Corporation; Builds on Merchant Banking Strategy as Wertheim & Company
Globenewswire· 2025-09-19 12:00
Core Viewpoint - GBT Technologies Inc. has authorized a non-binding indication of interest to acquire all outstanding shares of Two Hands Corporation, with a proposed offer of US $0.00625 per share, which includes the assumption of Two Hands' outstanding debt obligations [1][2]. Group 1: Strategic Interest - The acquisition of Two Hands is seen as a strategic move for GBT, aligning with its goal to transition into a merchant banking platform and leverage Two Hands' focus on digital markets, technology, fintech, and the Gig Economy [3][4]. - Two Hands has initiated plans to become an investment holding company and has launched a Digital Asset Treasury and Trading Desk, partnering with More Money Ltd for expertise in crypto and digital asset management [3][4]. Group 2: Leadership Commentary - The CEO of GBT Technologies expressed that integrating Two Hands' initiatives could accelerate GBT's development plans and support its transition to Wertheim & Company, presenting a long-term value creation opportunity [5]. Group 3: Transaction Status - The indication of interest is non-binding and subject to negotiations, due diligence, and regulatory approvals, with no assurance that a definitive agreement will be reached [5].
Two Hands Corporation Launches Crypto Treasury and Trading Desk
Prnewswire· 2025-08-11 11:00
LOCUST VALLEY, N.Y., Aug. 11, 2025 /PRNewswire/ - Two Hands Corporation (CSE: TWOH.X) (OTC: TWOH) ("Two Hands" or the "Company") today announces the official launch of its Digital Asset Treasury and Trading Desk, marking a significant step into the cryptocurrency, decentralized finance (DeFi) and artificial intelligence (AI) sectors. This strategic move reflects the company's commitment to innovation, diversification, and long-term value creation in the evolving digital asset ecosystem. The establishment of ...