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Anon Signs Non-Binding Letter of Intent with Arkhive Technologies to Acquire 30% Strategic Interest
Thenewswire· 2025-12-03 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a non-binding Letter of Intent to acquire a 30% ownership interest in ARKHIVE Technologies Ltd. through cash, equity, and strategic collaboration initiatives [1][2][6] Financial Terms - The acquisition will involve USD $75,000 in cash, USD $200,000 in ANON common shares at a deemed value of CAD $0.50 per share, and 1,000,000 common share purchase warrants exercisable at CAD $0.50 for two years [2] - In return, ARKHIVE will issue 150,000,000 ARKV tokens valued at USD $0.00183 per token, representing approximately 30% of its circulating supply, along with a board seat for ANON's CEO [3] Strategic Collaboration - The LOI outlines a strategic collaboration aimed at leveraging both companies' strengths in Web3, AI, and decentralized technologies, including integration of ANON's SimpliiCrypto and SimpliiAI platforms with ARKHIVE's ecosystem [4] - Joint development of new digital asset products, including real-world NFTs, prediction markets, and ARK Score analytics, is planned [4] Use of Funds - Funds from ANON are expected to support ARKHIVE's platform development, smart contract engineering, NFT marketplace architecture, and operational initiatives [5] Governance and Management - Denis Franks, CEO of ANON, will assume an executive role in ARKHIVE to support partnership and growth initiatives, reflecting a deep integration between the two companies [6] Conditions for Completion - The transaction is subject to customary conditions, including satisfactory due diligence, corporate approvals, and necessary regulatory approvals from the Canadian Securities Exchange [6]
Anon Announces Private Placement and Corporate Update
Thenewswire· 2025-07-11 13:30
Core Viewpoint - Anonymous Intelligence Company Inc. is expanding its business strategy by developing SimpliiCrypto, an early-stage cryptocurrency project, under the leadership of CEO Denis Franks [1][2] Group 1: Business Strategy and Developments - The company is undertaking a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per unit, aiming for gross proceeds of up to $750,000 [3] - The net proceeds from the offering will be used to broaden the technology business strategy, including cryptocurrency staking, mining, blockchain technology, and the development of decentralized applications [4] - A portion of the proceeds will be invested in a globally recognized cryptocurrency, with plans to stake the tokens quarterly to generate revenue [5] Group 2: Strategic Alliances - The company is seeking further strategic opportunities involving cryptocurrency-related assets through cash and equity arrangements [6] - ANON has entered into a strategic alliance with CannÖgen International, which focuses on health and wellness products, to secure appreciating assets that support shareholder value [7][8] - CannÖgen has issued ANON 444,444 warrants exercisable into common shares at a price of $0.1125 per share for two years, and ANON holds approximately a 1% ownership interest in CannÖgen [9] Group 3: Product Development - ANON is advancing the development of its proprietary Software Development Kit (SDK) and Virtual Private Network (VPN), which are being rebranded as Simplii Ai and Simplii VPN [10] - Under Mr. Franks' leadership, the company has significantly increased its market capitalization and improved its balance sheet by reducing over $350,000 in outstanding debt [11]