Xalles Holdings Strengthens its Acquisition Strategy through Enhanced Due Diligence Processes

Xalles Holdings Inc. (OTC: XALL) announces today updates about acquisitions in process and its enhanced due diligence process. Xalles Holdings has executed a Share Exchange Agreement Amendment with Fluid Tech Inc. to extend the closing date to on or before February 29, 2024. The Share Purchase Agreement between Xalles Holdings and WooSender, Inc. is planned for a February 14, 2024, closing date. The acquisitions for University Consultants of America, Inc., and RPM-One, Inc. are both in the late stages of the enhanced due diligence process and all parties involved continue to work through the process towards successful outcomes as soon as can be completed.

Xalles is reiterating its commitment to its enhanced business model, following the strategic update published on January 29, 2024. As part of its ongoing efforts to reinforce the company's ecosystem, Xalles has implemented an advanced due diligence process that underscores its dedication to risk reduction and meticulous evaluation in its acquisition strategies. An acquisition may go through up to 42 different lifecycle events and statuses and multiple due diligence steps along the way from initial contact with a target company until the final closing events.

Thomas Nash, CEO of Xalles Holdings, commented, “While we eagerly anticipate the successful closure of the planned acquisitions, we firmly believe that this enhanced process will significantly benefit our stakeholders.”

About Xalles Holdings Inc. (OTC Pink: XALL)
Xalles Holdings Inc. is a leading holding company, specializing in innovative technology and financial service solutions. Focused on growth and diversification, Xalles Holdings is committed to developing cutting-edge technology-based solutions across various sectors, with an emphasis on supporting disruptive companies. Utilizing its proprietary Xalles RISE Business Model (Roll In, Selected Exit), the company actively seeks acquisition targets with solid management teams, robust business models, expansive total attainable markets (TAM), and enticing exit opportunities. Emphasizing the integration of blockchain and cutting-edge technologies, Xalles provides industry-leading solutions, poised to capture recurring revenue streams over time. Discover more at Xalles.com.

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