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Spectral Capital Closes Telvantis Acquisition as Important Milestone Toward 2026 $450 Million Profitable Revenue Goal
Prnewswire· 2026-01-05 13:17
Core Viewpoint - Spectral Capital Corporation has successfully acquired Telvantis Voice Services, Inc., marking a significant step in its strategy to enhance its digital infrastructure capabilities and achieve substantial revenue growth by 2026 [1][4]. Group 1: Acquisition Details - The acquisition was completed on December 31, 2025, with Spectral acquiring 100% of Telvantis Voice in exchange for shares of Spectral common stock [2]. - The transaction includes an initial issuance of 1,500,000 shares at closing, with the potential for an additional 8,500,000 shares based on performance milestones, totaling a maximum of 10,000,000 shares [2][3]. Group 2: Financial Projections and Performance Milestones - The earn-out provisions stipulate a minimum of $240,000,000 in profitable revenues and target net earnings of $10,000,000 for the fiscal year 2026 [1]. - The earn-out shares are contingent upon Telvantis Voice meeting defined revenue and operating profit thresholds during fiscal year 2026 [3]. Group 3: Strategic Importance - The acquisition aligns with Spectral's long-term objective of achieving $450 million in profitable revenue by 2026 through a combination of organic growth and acquisitions [4]. - Telvantis Voice's infrastructure and operating scale are expected to support Spectral's broader strategy in the telecommunications sector [5]. Group 4: Company Overview - Spectral Capital Corporation is focused on building next-generation AI and quantum-enabled digital infrastructure, with a strong patent and IP portfolio in these technologies [6]. - The company aims to create durable value across enterprise and SMB markets through disciplined productization and innovation [6].