Affluence Corp (AFFUD)

[RichieBoy]

Seems there's confusion in the progress of the RM with MTi

Does AFFU have final official confirmation of the Reverse Merger with MTi made public

Based on the search results, while Affluence Corporation (AFFU) signed a definitive agreement to acquire Mingothings SL (MTI) on April 2, 2025, there is no final official confirmation that the acquisition has been fully completed yet.

The definitive agreement stated that the final step in the acquisition process would be "the customary notarization of the executed definitive agreement pursuant to the laws of Spain, expected to take place this month" (referring to April 2025). However, the search results don't provide clear evidence that this final notarization step has officially occurred.

There is one message from an investment message board dated June 4, 2025 (today) claiming "AFFU completed the acquisition of MTI", but this appears to be a forum post rather than an official company announcement, so it cannot be considered official confirmation.

The acquisition, when completed, would involve MTI shareholders exchanging their equity for Affluence preferred stock, providing the former MTI shareholders with voting control of Affluence Corporation. The combined entity was projected to generate over $4 million in revenue in 2025 with EBITDA margins exceeding 10%.

Without an official press release or regulatory filing confirming the completion of the final notarization step, it appears that final official confirmation of the completed acquisition has not yet been made public.