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Thursday, February 28 2019 8:31 AM, EST GH Capital Signs a Letter of Intent to Acquire Zeni Payments Accesswire "Press Releases"
All-Stock Transaction for Credit Card Processing Gateway Provider
MIAMI, FL / ACCESSWIRE / February 28, 2019 / GH Capital, Inc. (OTCQB: GHHC), a diversified fintec holding company, is pleased to announce that it has signed a Letter of Intent (the" LOI") for the acquisition of Zeni Payments Inc. , a Nevada -based fintec credit card payment processing gateway provider, in an all -stock transaction.
The acquisition anticipated by the LOI is the result of a process initiated following GHHC's growth strategy. If consummated, GHHC will own 100% of the outstanding shares of Zeni Payments Inc.
Bill Bollander , Chief Executive Officer of GH Capital , commented, "We are driven to complete the acquisition as soon as possible, and upon the completion of additional due diligence."
About GH Capital
GH Capital, Inc. (OTCQB: GHHC) is a diversified holding company offering a range of financial solutions for businesses layered with an advisory platform to assist companies going public. For more information, please check out: http://www.ghcapital-inc.com