Beyond Commerce Inc (BYOC)

[rawsteel]

Expected to Close by September 20
LAS VEGAS, NV / ACCESSWIRE / July 13, 2022 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, is pleased to announce the signing of a definitive agreement to acquire Electric Built, headquartered in Inglewood, California .
The acquisition, initially announced as a Letter of Intent on April 12 , provides Beyond Commerce exclusive access to Electric Built's commercial business know-how and business connections and operations.
The acquisition is expected to close by September 20, 2022 , pending employment agreements, defined milestones, and options to acquire additional assets, such as Beyond Commerce being given right of first refusal to purchase the assets, IP and all other assorted property of Electric Built's owner including Electrogistics, Inc. and other affiliated companies.
Geordan Pursglove , Beyond Commerce's Chief Executive Officer, stated, "Electric Built further expands our expertise and operations in electric vehicles. We are thrilled to be improving our position in the industry as the emergence of the electrification of vehicles becomes more and more of a reality with each passing month. We are excited to be welcoming Remo Weber as part of our team at Beyond Commerce ."