Business
Syntheia Signs Definitive Agreement for Call Center Acquisition
Toronto, Ontario--(Newsfile Corp. - September 25, 2025) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai), today announced that it has entered into an amended and restated agreement dated September 25, 2025 (the "Restated Agreement") with Call Center Guys Inc. ("CCG"), to amend and restate the terms of an asset purchase agreement dated July 4, 2025 (the "Initial Agreement"), whereby the Company agreed to acquire certain assets from CCG (the "CCG Assets"). The Initial...
About this update from Syntheia Corp.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - September 25, 2025) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai), today announced that it has entered into an amended and restated agreement dated September 25, 2025 (the "Restated Agreement") with Call Center Guys Inc. ("CCG"), to amend and restate the terms of an asset purchase agreement dated July 4, 2025 (the "Initial Agreement"), whereby the Company agreed to acquire certain assets from CCG (the "CCG Assets"). The Initial Agreement required the issuance of 20,000,000 common shares and the cash payment of CDN$8,000,000 less the Canadian equivalent of USD$1,485,000 payable to a third party to complete a further strategic acquisition of assets.","length":793,"tagName":"p"},{"type":"text","content":"Under the terms of the Restated Agreement, the Company has now agreed to issue to CCG and its principal the following:","length":118,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"10,000,000 common shares in the capital of the Company issued at a deemed price per share of $0.10 subject to an 18-month escrow with twenty-five percent of the shares released on closing of the Transaction and twenty-five percent released every six-months thereafter with the final release occurring 18-months from the closing of the Transaction;","length":347,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash payment of CDN$750,000; and","length":32,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"A secured 10% promissory note whereby the Company will agree to pay CDN$7,250,000 less the amount paid in Canadian dollars to a third-party for a strategic acquisition to occur following closing of the Transaction, such obligation to pay subject to the closing of the strategic acquisition.","length":290,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":669,"olType":false},{"type":"text","content":"No finder fees will be paid in connection with the Transaction. It is expected that the closing of the Transaction will occur in the upcoming weeks.","length":148,"tagName":"p"},{"type":"text","content":"All common shares of the Company to be issued in connection with the Transaction pursuant to the terms of the Definitive Agreement will be subject to...