Worldwide NFT targets RedTrace Technologies acquisition under LOI, CEO says

Bitget2026/09/23 12:32

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Worldwide NFT is pursuing an acquisition of RedTrace Technologies under a non-binding letter of intent.
RedTrace generates a few million in revenue and is EBITDA-positive, with a focus on U.S. federal government contracting.
Closing is targeted for the first half of Q4 2026, with a preference to complete the deal before Halloween.
The strategy targets follow-on acquisitions, aiming to exceed $30 million in revenue and $3 million in EBITDA to support a 2027 uplisting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Worldwide NFT Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609230830PRIMZONEFULLFEED9831859) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Worldwide NFT targets RedTrace Technologies acquisition under LOI, CEO says

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