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Follow on Google News | NFiniTi Inc. Announces Strategic Acquisition of CyberSyn LLC to Expand into Fintech SectorBy: NFiniTi Inc. Under the Share Exchange Agreement, NFiniTi 1 Inc. acquired all of CyberSyn's membership interests for 90% of NFiniTi 1 Inc.'s equity, issued to CyberSyn's accredited investors. NFiniTi Inc. retains 10% equity via a dividend and issued a $500,000 convertible promissory note to NFiniTi 1 Inc. with a 50% original issue discount, yielding $250,000. The note, carrying a 15% annual interest rate, matures on May 20, 2027, and is convertible into NFiniTi Inc.'s common stock at a 25% discount to the 30-day average trading price. CyberSyn's platform targets individual and institutional investors with features like a high-speed trading engine processing over 100,000 transactions per second, mobile payments, peer-to-peer transactions, algorithmic trading, staking, secure wallets, real-time analytics, and 24/7 AI-powered support. Emphasizing regulatory compliance and user education, CyberSyn aims to capture 15% of the $1.8 billion U.S. cryptocurrency market within five years. "This acquisition is a milestone for NFiniTi as we diversify beyond our beverage subsidiary, Artisan Beverages, Inc., into fintech," said Brian Johnston, CEO of NFiniTi Inc. "CyberSyn's innovative platform and expert team align with our vision to deliver cutting-edge solutions." The deal enhances NFiniTi's portfolio, with CyberSyn appointing three of five NFiniTi 1 Inc. board members, bringing fintech expertise. The transaction is intended to qualify as a tax-free reorganization under Section 368(a)(1)(B) About NFiniTi Inc. Headquartered in Reno, Nevada, NFiniTi Inc. is a pre-revenue company expanding into high-growth sectors. Through Artisan Beverages, Inc., it produces ready-to-drink alcoholic beverages. The CyberSyn acquisition supports its diversification strategy. About CyberSyn LLC CyberSyn LLC is a pre-revenue fintech company building a secure, compliant cryptocurrency exchange for the U.S. market, offering advanced trading and mobile payment solutions. Contact: NFiniTi Inc. 880 - 50 West Liberty St., Reno, NV 89501 Phone: (702) 722-0112 Email: info@artisanbeverages.co Forward-Looking Statements: This release includes forward-looking statements about CyberSyn's market goals and platform development, subject to risks like competition and regulatory challenges. Actual results may differ, and NFiniTi undertakes no obligation to update these statements except as required by law. End
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