XCPL - XCPCNL Business Services enters in reverse merger acquisition pact with Centiment Capital Holdings
- XCPCNL Business Services Corporation ( OTCPK:XCPL ) and Centiment Capital Holdings, a privately-held neurodata technology company have signed acquisition pact .
- Pursuant to the deal, the company will acquire two operating subsidiaries of Centiment Capital Holdings, Advanced Research Machines LLC and Xerxes Trading Holdings LLC.
- ARM is the company behind the Mantis Crypto trading technology and owns Centiment.io.
- Xerxes is a multi-asset class trading technology and will compliment ARMs High Frequency Trading Platform.
- The office for the combined enterprise will be established in Charlotte, NC at Industrious NODA.
- The acquisitions will be accounted for as “reverse mergers.”
- The transactions are expected to close prior to the end of August 2022.
For further details see:
XCPCNL Business Services enters in reverse merger acquisition pact with Centiment Capital Holdings