Spetz Inc. Expands Blockchain Capabilities with Sonic Strategy Acquisition

Spetz Inc., a multinational technology firm, has announced a definitive agreement to acquire Sonic Strategy Inc., a staking company focused on the Sonic blockchain. The deal involves Spetz acquiring 100% of Sonic Strategy's shares, with an issuance of 14 million common Spetz shares valued at $0.375 each, marking Sonic Strategy's valuation at $5.25 million.

This acquisition aims to bolster Spetz's blockchain expertise and expand its infrastructure by integrating Sonic Strategy's high-yield staking solutions. The transaction aligns with Spetz's vision of bridging traditional and decentralized finance. Sonic Strategy's founder, Mitchell Demeter, will become a technical advisor post-acquisition.

The acquisition is expected to close by February 10, 2025, pending regulatory approvals. Sonic Strategy will become a wholly-owned subsidiary, enhancing synergies between blockchain and decentralized finance under Spetz's technological leadership.