GBT Technologies signals interest to acquire Two Hands Corp at $0.00625 per share

WEST HOLLYWOOD - GBT Technologies Inc. (OTC Pink:GTCH), a micro-cap technology company with a market capitalization of $1.92 million according to InvestingPro, announced Friday it has authorized a non-binding indication of interest to acquire all outstanding shares of Two Hands Corporation (CSE:TWOH) at $0.00625 per share.

The proposed transaction would involve a combination of cash and GBT shares, with specific terms to be determined in final negotiations. The offer includes GBT’s assumption of all outstanding Two Hands debt obligations. GBT currently maintains a debt-to-capital ratio of 0.69 and carries total debt of $6.16, based on latest financial data.

According to the company, the potential acquisition aligns with GBT’s transition into a merchant banking platform potentially using the Wertheim & Company branding. GBT management expressed interest in Two Hands’ recent strategic pivot to become an investment holding company focused on digital markets, technology, fintech, and the Gig Economy.

Two Hands recently launched a Digital Asset Treasury and Trading Desk with More Money Ltd, a private digital asset investment firm, serving as operators and strategic advisors. Two Hands has scheduled a shareholder meeting for November 2025 to approve its change in business direction.

"We believe that the addition of Two Hands’ new business initiatives to GBT’s existing technology and investment platforms could accelerate the future development plans of GBT," said Michael Murray, Chief Executive Officer of GBT Technologies.

The company emphasized that the indication of interest remains non-binding and non-exclusive. The transaction would require negotiation of definitive agreements, due diligence completion, and various regulatory and shareholder approvals. InvestingPro analysis indicates GBT carries a high beta of 6.55, suggesting significant stock volatility. Subscribers can access additional risk metrics and 12+ exclusive ProTips about GBT’s financial position.

GBT noted it would file a Form 8-K with the Securities and Exchange Commission only upon execution of definitive agreements, if any. The information in this article is based on a company press release statement.

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