Business
Syntheia Signs Non-Binding LOI for SATCOM Acquisition
Toronto, Ontario--(Newsfile Corp. - January 12, 2026) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai), a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce that it has entered into a non-binding letter of intent (the "LOI"), dated January 12, 2026, with CX1 Capital Inc. to acquire Wunderlich Group LLC, dba Satcom (collectively, known as "Satcom"), and certain of its assets (the "Proposed Transaction"). The...
About this update from Syntheia Corp.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 12, 2026) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai), a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce that it has entered into a non-binding letter of intent (the "LOI"), dated January 12, 2026, with CX1 Capital Inc. to acquire Wunderlich Group LLC, dba Satcom (collectively, known as "Satcom"), and certain of its assets (the "Proposed Transaction"). The Proposed Transaction is expected to be structured as a share purchase of Satcom, but is subject to the receipt of tax, corporate and securities law advice by both parties.","length":720,"tagName":"p"},{"type":"text","content":"Acquisitions Terms:","length":19,"tagName":"p"},{"type":"text","content":"It is anticipated that Satcom will be acquired for consideration from Syntheia of US$5.5M in a combination of:","length":110,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"US$1,450,000 cash payment on closing pro rata to the Satcom shareholders;","length":73,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Promissory notes to be issued pro rata to the shareholders of Satcom in the aggregate amount of US$2,220,000; and","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Common shares in the capital of Syntheia issued on closing of the Proposed Transaction to satisfy the balance of US$1,830,000 owing at a volume weighted average price per share (calculated over a 90-day period) and acceptable to the Canadian Securities Exchange ("CSE").","length":280,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":466,"olType":false},{"type":"text","content":"The Company will also pay up to US$4,500,000 in a performance earn-out to Satcom to be satisfied through a combination of additional cash, promissory notes and issuance of common shares.","length":186,"tagName":"p"},{"type":"text","content":""With the CCG acquisition now fully integrated and revenue producing, we are pleased to announce our second proposed acquisition, Satcom," commented Tony Di Benedetto, CEO of Syntheia.","length":194,"tagName":"p"},{"type":"text","content":"The LOI contemplates that the parties will draft, finalize and execute ...