MSB Global Capital Corp. Signs MOU to acquire AnApp to Enter Development of Revolutionary Digital Power Semiconductor Technology

MSB Global Capital Corp. Signs MOU to acquire AnApp to Enter Development of Revolutionary Digital Power Semiconductor Technology

Reno, Nevada: 16 May 2022. MSB Global Capital Corp. (OTC Pink: MSBM) is pleased to announce that it has signed a non-binding memorandum of understanding ("MOU") dated 11 May 2022 to acquire equity ownership in AnApp Holdings Limited, (“AnApp”) a company which is developing a digital power semiconductor technology. This is a unique, special situation transaction that is expected to create substantial value for the Company, its shareholders and all stakeholders.

According to the MOU, MSBM will subscribe the new shares allotted by AnApp at the price agreed by the Parties. The details, including but not limited to, the scope of the proposed transaction, subscription price and form of consideration are to be negotiated and determined by the parties.

AnApp is developing a revolutionary digital power semiconductor technology that will replace traditional analog power technologies. Starting with Active Conductive EMI filters, AnApp’s new solution will replace most of the bulky analog components of traditional power systems with a single chipset and a simple circuitry. AnApp’s Active Conductive EMI Filter (AEF) is the first commercially viable differential mode AEF in the world for Silicon, Silicon Carbide and Gallium Nitride technologies. Compared to traditional EMI filters, AnApp’s AEF is smaller, cheaper, lighter, and more energy efficient. It also saves engineering time for manufacturers.

MSBM CEO Patrick Au said, "AnApp will become a great example of our successful investment. We are delighted to work with AnApp in this very rare opportunity to create special value for our shareholders and all other stakeholders. By partnering with AnApp and having access to international capital sources, we are confident we will be able to accelerate our execution to meet our growth targets and become a major player in this sector. We also are currently expanding our mergers and acquisitions activities to increase consolidated revenues and operating results for our company."

About MSB Global Capital Corp.

A Nevada corporation, MSB Global Capital Corp. (OTC Pink: MSBM) is currently investigating various opportunities for the acquisition of operating assets.

For further information regarding the company, please visit https://www.msbglobalcapital.com

Contact email: [email protected]

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