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SEATTLE - Spectral Capital Corporation (OTCQB:FCCN), a $155 million market cap technology company whose shares have declined 67% year-to-date, announced Wednesday it has entered into a binding term sheet to acquire Telvantis Voice Services, a Florida-based provider of global voice solutions. According to InvestingPro analysis, the company currently trades at $2.04 and shows signs of being overvalued based on its Fair Value assessment.
The all-stock transaction involves no debt and includes a potential earn-out structure tied to performance metrics. Spectral will issue 10 million shares if Telvantis achieves $10 million in operating profits in 2026 or generates $665 million in profitable gross revenue at current margins. The minimum consideration is 1.5 million shares if Telvantis reaches $240 million in profitable revenue next year. With a beta of 1.24, indicating higher volatility than the market, and a weak Financial Health Score of 1.44 according to InvestingPro, investors should carefully monitor the company’s execution of this deal.
Spectral, which focuses on AI and quantum-enabled technologies, plans to integrate its AgenticAI systems into Telvantis’ operations to enhance profitability and efficiency in the voice services industry.
"This transaction is an important milestone for Spectral as we expand our reach into global voice services," said Jenifer Osterwalder, President and CEO of Spectral Capital Corporation, according to the company’s press release.
The acquisition aligns with Spectral’s strategy to operationalize its AI patent portfolio, which reportedly includes over 500 patentable inventions. The company aims to apply its technology across telecommunications and other sectors.
Telvantis will be delivered to Spectral without any debt as part of the agreement. The transaction’s completion timeline was not specified in the announcement.
The information in this article is based on a press release statement from Spectral Capital Corporation. For deeper insights into Spectral’s financials and more exclusive analysis, including detailed ProTips and comprehensive financial metrics, visit InvestingPro.
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