Reticulate Micro to Acquire Remaining Shares of RMX, Consolidating Operations and Rebranding Reticulate Micro as RMX
Reticulate Micro (OTCQB: RMXI) has announced plans to acquire the remaining shares of RMX Industries through a share exchange transaction, expected to close by April 2025. The acquisition will consolidate operations and lead to rebranding under the RMX name.
The company, which specializes in advanced video compression technology, aims to streamline efficiencies and enhance its market position. RMX's technology has been tested in over 20 military exercises and achieved the first successful transmission of video over HF radio. The consolidated entity plans to expand its presence in commercial markets, including telecommunications, healthcare, and mining.
Following the acquisition, the company intends to pursue an uplist to a major exchange. The transaction completion is subject to entering into a definitive share exchange agreement and satisfying conditions precedent.
Reticulate Micro (OTCQB: RMXI) ha annunciato piani per acquisire le restanti azioni di RMX Industries attraverso una transazione di scambio azionario, prevista per chiudere entro aprile 2025. L'acquisizione consoliderà le operazioni e porterà a un rebranding sotto il nome RMX.
L'azienda, specializzata in tecnologia avanzata di compressione video, mira a semplificare le efficienze e migliorare la sua posizione di mercato. La tecnologia di RMX è stata testata in oltre 20 esercitazioni militari e ha raggiunto la prima trasmissione di video di successo su radio HF. L'entità consolidata prevede di espandere la sua presenza nei mercati commerciali, inclusi telecomunicazioni, sanità e mineraria.
Dopo l'acquisizione, l'azienda intende perseguire un uplist su un'importante borsa. Il completamento della transazione è soggetto alla stipula di un accordo definitivo di scambio azionario e al soddisfacimento delle condizioni preliminari.
Reticulate Micro (OTCQB: RMXI) ha anunciado planes para adquirir las acciones restantes de RMX Industries a través de una transacción de intercambio de acciones, que se espera cerrar para abril de 2025. La adquisición consolidará las operaciones y llevará a un rebranding bajo el nombre RMX.
La empresa, que se especializa en tecnología avanzada de compresión de video, tiene como objetivo optimizar las eficiencias y mejorar su posición en el mercado. La tecnología de RMX ha sido probada en más de 20 ejercicios militares y logró la primera transmisión exitosa de video a través de radio HF. La entidad consolidada planea expandir su presencia en mercados comerciales, incluidos telecomunicaciones, salud y minería.
Tras la adquisición, la empresa tiene la intención de buscar un uplist en una bolsa importante. La finalización de la transacción está sujeta a la firma de un acuerdo definitivo de intercambio de acciones y al cumplimiento de las condiciones previas.
레티큘레이트 마이크로 (OTCQB: RMXI)는 RMX 산업의 남은 주식을 주식 교환 거래를 통해 인수할 계획을 발표했으며, 이는 2025년 4월까지 마감될 것으로 예상됩니다. 이번 인수는 운영을 통합하고 RMX 이름으로 리브랜딩할 것입니다.
이 회사는 고급 비디오 압축 기술을 전문으로 하며, 효율성을 간소화하고 시장 위치를 강화하는 것을 목표로 하고 있습니다. RMX의 기술은 20개 이상의 군사 훈련에서 테스트되었으며 HF 라디오를 통한 비디오의 첫 성공적인 전송을 달성했습니다. 통합된 법인은 통신, 의료 및 광업을 포함한 상업 시장에서의 존재감을 확장할 계획입니다.
인수 후, 회사는 주요 거래소로의 업리스트를 추구할 의도를 가지고 있습니다. 거래 완료는 확정적인 주식 교환 계약 체결 및 선행 조건 충족에 따라 달라집니다.
Reticulate Micro (OTCQB: RMXI) a annoncé des projets d'acquisition des actions restantes de RMX Industries par le biais d'une transaction d'échange d'actions, prévue pour se terminer d'ici avril 2025. L'acquisition consolidera les opérations et mènera à un rebranding sous le nom RMX.
L'entreprise, spécialisée dans la technologie avancée de compression vidéo, vise à rationaliser les efficacités et à améliorer sa position sur le marché. La technologie de RMX a été testée lors de plus de 20 exercices militaires et a réussi la première transmission de vidéo réussie par radio HF. L'entité consolidée prévoit d'étendre sa présence sur les marchés commerciaux, y compris les télécommunications, la santé et l'exploitation minière.
Suite à l'acquisition, l'entreprise a l'intention de poursuivre un uplist sur une grande bourse. L'achèvement de la transaction est soumis à la conclusion d'un accord définitif d'échange d'actions et à la satisfaction des conditions préalables.
Reticulate Micro (OTCQB: RMXI) hat Pläne angekündigt, die verbleibenden Anteile an RMX Industries durch eine Aktienaustauschtransaktion zu erwerben, die voraussichtlich bis April 2025 abgeschlossen sein wird. Die Übernahme wird die Betriebsabläufe konsolidieren und zu einem Rebranding unter dem Namen RMX führen.
Das Unternehmen, das sich auf fortschrittliche Videokompressionstechnologie spezialisiert hat, zielt darauf ab, die Effizienz zu steigern und seine Marktposition zu verbessern. Die Technologie von RMX wurde in über 20 militärischen Übungen getestet und erreichte die erste erfolgreiche Übertragung von Video über HF-Radio. Das konsolidierte Unternehmen plant, seine Präsenz in kommerziellen Märkten, einschließlich Telekommunikation, Gesundheitswesen und Bergbau, auszubauen.
Nach der Übernahme beabsichtigt das Unternehmen, einen Uplist an einer großen Börse zu verfolgen. Der Abschluss der Transaktion hängt von der Unterzeichnung eines endgültigen Aktienaustauschvertrags und der Erfüllung der Vorbedingungen ab.
- Consolidation will streamline operations and reduce costs
- Planned uplist to major exchange could improve stock visibility and liquidity
- Technology proven through 20+ military exercise validations
- Expansion into multiple commercial market opportunities
- Transaction subject to definitive agreement and conditions precedent
- Currently trades on OTCQB, indicating lower trading volume and liquidity
- Share exchange transaction may lead to dilution for existing shareholders
The consolidation will mark a significant milestone in the Company's evolution as it rebrands under the RMX name. Initially focused on resilient communications solutions for military applications, RMX has expanded into commercial markets, leveraging its cutting-edge video and image compression technology to drive innovation in telecommunications, healthcare, mining, and beyond.
"The acquisition of the remaining shares of RMX represents a natural next step in our growth strategy," said Michael Chermak, Reticulate Micro Executive Chairman. "By bringing all operations under one roof, we can streamline efficiencies, enhance our market position, and capitalize on the tremendous commercial opportunities ahead."
Karl Kit, CEO of RMX, added, "The timing of this consolidation is driven by the rapid expansion of our commercial business pipeline. Following the acquisition, the Company will be well-positioned to execute its growth strategy, including a planned uplist to a major exchange. The Company remains committed to innovation and expanding its presence in high-growth commercial markets."
The rebranded RMX will continue to advance its proprietary technology, which has been rigorously tested in over 20 military exercises and has demonstrated groundbreaking capabilities, including the first successful transmission of video over HF radio. The Company's technology solutions address real-world challenges in industries where video and imagery play a critical role.
The consummation of the share exchange transaction with RMX pursuant to which the Company will acquire the remaining shares of RMX is subject to the parties entering into a definitive share exchange agreement or similar agreement and to the satisfaction of conditions precedent contained in such agreement.
About Reticulate Micro, Inc.
Reticulate Micro, Inc. (OTCQB: RMXI), headquartered in
About RMX Industries Inc.
RMX Industries Inc., (https://rmx.io) headquartered in
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as "intends," "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements, including the risks described in the "Risk Factors" section of the reports and other documents that we file with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of the document in which they are contained, and the Company does not undertake any duty to update any forward-looking statements except as may be required by law.
Important Notice Regarding Our Regulation A Offering
An offering statement regarding our offering of units consisting of one share of class A common stock and a warrant to purchase one share of class A common stock has been filed with the SEC. The SEC has qualified that offering statement, which means that Reticulate Micro may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement through this link.
Investing in a public offering like our Regulation A offering is subject to unique risks, tolerance for volatility, and potential loss of your investment, that investors should be aware of prior to making an investment decision. Please carefully review the risk factors contained in the offering circular for this offering. For more information about Regulation A offerings, including the unique risks associated with these types of offerings, please click on the SEC's Investor Alert.
Neither this document nor any of its content constitutes an offer to sell, solicitation of an offer to buy or a recommendation for any security by Reticulate Micro or any third party. The content of this document is provided for general information purposes only and is not intended to solicit the purchase of securities or to be used as investment, legal or tax advice. A securities offering by Reticulate Micro is only being made pursuant to the offering circular described above. The content of this document is qualified in its entirety by such offering circular. Prospective investors are urged to consult with their own investment, legal and tax advisors prior to making any investment in Reticulate Micro.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
ir@reticulate.io
View original content to download multimedia:https://www.prnewswire.com/news-releases/reticulate-micro-to-acquire-remaining-shares-of-rmx-consolidating-operations-and-rebranding-reticulate-micro-as-rmx-302416505.html
SOURCE Reticulate Micro, Inc.
FAQ
When will Reticulate Micro (RMXI) complete the acquisition of RMX Industries?
What markets does RMXI plan to expand into after the RMX acquisition?
What are the key technological achievements of RMX before the RMXI acquisition?
What are RMXI's post-acquisition plans for stock exchange listing?
