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DataMetrex Announces Closing of Yuzu Payment Processing Solution Acquisition
Accessnewswire· 2025-12-19 12:30
Core Viewpoint - Datametrex AI Limited has successfully completed the acquisition of the Yuzu payment processing solution from Firstpayment Inc., marking a significant step in its growth strategy and expansion into next-generation payment technologies [1][2]. Group 1: Acquisition Details - The acquisition was conducted through a wholly owned subsidiary, Paymetrex Payment Solutions Inc. [1] - The transaction includes related patents and intellectual property associated with the Yuzu Payment Solution [2]. Group 2: Strategic Implications - The CEO of Datametrex, Paul Haber, emphasized that this acquisition represents a significant milestone in the company's growth strategy [2].
DataMetrex Signs Definitive Agreement to Acquire Yuzu Payment Processing Solution From Firstpayment Inc.
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]
Datametrex Signs LOI To Acquire Yuzu Payment Processing Solution From Firstpayment Inc.
Accessnewswire· 2025-09-15 20:54
Core Viewpoint - Datametrex AI Limited has signed a non-binding Letter of Intent to acquire the Yuzu payment processing solution from Firstpayment Inc. for approximately $5.5 million, subject to certain conditions [1] Group 1: Acquisition Details - The acquisition includes related patents and intellectual property associated with the Yuzu Payment Solution [1] - The purchase price of $5.5 million is intended to be satisfied through the issuance of approximately 55,000,000 common shares at a deemed issue price of $0.10 per share [1] - The transaction is contingent upon TSXV acceptance, completion of legal and financial due diligence, and negotiation of a definitive asset purchase agreement [1]