Security First Int'l Holdings, Inc. to Acquire the WipFly Lens Project

Security First International Holdings, Inc. Announces Non-Binding Letter of Intent to Acquire the WipFly Lens Project.
By: WipFly
 
 
WipFly Lens
WipFly Lens
FORT LAUDERDALE, Fla. - Nov. 6, 2020 - PRLog -- (OTCUS:SCFR) ("Security First International Holdings, Inc" or the "Company"), a technology incubator and holding company, today announced that it has signed a non-binding letter of intent (the "LOI") to explore the possibility of acquiring certain key assets of the WipFly Lens project, including exclusive rights for distribution.

WipFly Lens is a platform for creating and sharing user-generated content in Virtual Reality (VR) format. Visit https://wipfly.com/vr/home and experience the new reality. Learn more about WipFly, Inc. at https://www.crunchbase.com/organization/wipfly

The potential acquisition is exploratory and is subject to, among other things, the completion of due diligence, approval of the two companies' boards, the negotiation and execution of a definitive agreement providing for the transaction, and satisfaction of any conditions negotiated therein. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated.

About Security First International Holdings, Inc.

(OTCUS:SCFR) is a technology incubator and accelerator for early stage web and mobile projects providing vision validation, to product definition, design, and delivery.

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Tags:Loi
Industry:Technology
Location:Fort Lauderdale - Florida - United States
Subject:Mergers
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