India, Oct. 26 -- Software company Worldwide NFT, Inc. (WNFT) announced on Monday that it has signed a letter of intent to acquire a Mid-Atlantic-based provider of cybersecurity software and services to the U.S. government.
The transaction is targeted to close by the end of 2026, the company said.
Finn Dunne, Vice President of Mergers and Acquisitions at WNFT, said completing the acquisition would be accretive to Worldwide NFT's revenue, EBITDA and earnings per share.
Shares of Worldwide NFT tumbled 14.81 percent to $0.23 in OTC trading.
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