Business

GBT Technologies Announced Non- Binding Offer to Acquire Two Hands Corporation; Builds on Merchant Banking Strategy as Wertheim & Company

WEST HOLLYWOOD, Calif., Sept. 19, 2025 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC Pink: (GTCH...

articleGetchell Gold Corp.September 19, 20255/company/getchell-gold-corp/news/gbt-technologies-announced-non-binding-offer-to-acquire-two-hands-corporation-builds-on-merchant-banking-strategy-as-wertheim-and-company
GBT Technologies Announced Non- Binding Offer to Acquire Two Hands Corporation; Builds on Merchant Banking Strategy as Wertheim & Company

About this update from Getchell Gold Corp.

[{"type":"text","content":"GBT Technologies Announced Non- Binding Offer to Acquire Two Hands Corporation; Builds on Merchant Banking Strategy as Wertheim & Company\n\n\n\n WEST HOLLYWOOD, Calif., Sept. 19, 2025 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC Pink: (GTCH) (“GBT or the “Company”) today announced that its Board of Directors has authorized a\n \n non-binding indication of interest\n \n to acquire all of the issued and outstanding shares of Two Hands Corporation (CSE: TWOH) (“Two Hands”).\n \n\n The proposed offer contemplates consideration of US\n \n $0.00625\n \n per share, payable in a to be determined combination of cash and GBT shares, in a future combination of consideration components to be determined in final negotiations between the parties. This proposal includes the assumption by GBT of all outstanding debt obligations of Two Hands.\n \n\n\n Strategic Interest in Two Hands:\n \n\n\n GBT management has determined that a potential acquisition of Two Hands would bring a focused menu of strategic initiatives to GBT, as disclosed in the prior July 7, 2025 Press Release by Two Hands. In that Press Release, Two Hands disclosed that it has “decided to transition into an investment holding company is seeking to invest in, support, and actively participate in the management of promising businesses—especially in digital markets, technology, fintech, and the Gig Economy.”\n \n\n Within the digital markets sectors, GBT management has also taken note of an August 11, 2025 Press Release by Two Hands management announcing the “official launch of its Digital Asset Treasury and Trading Desk, where Two Hands identified More Money Ltd as a specialized private digital asset investment and advisory firm as a prospective operating partner. More Money Ltd will serve as the primary operators and strategic advisors to the trading desk of Two Hands. More Money Ltd is an arm’s length party to Two Hands, which delivers to Two Hands a seasoned team of crypto native experts with deep experience in trading, blockchain startups, DeFi and AI. The More Money Ltd team offers strategic investing, active swing trading, and analytics to achieve strong returns while maintaining sophisticated risk management.”\n \n\n\n Two Hands Regulatory Steps for Achieving a Change of Business\n \n :\...

More updates from Getchell Gold Corp.