Little reading: $WNFT
Worldwide NFT, Inc. (WNFT) officially announced a major corporate change of control and recapitalization.
Yahoo Finance
Key Details of the Change of Control
New Majority Owner: M&A veteran Jay Wright has acquired majority voting control of the company from activist investor George Sharp in a privately negotiated transaction.
The Strategic Pivot: The company is completely abandoning its namesake focus on NFTs and blockchain. Under Wright's leadership, WNFT will serve as an acquisition vehicle targeting fragmented, high-growth technology and defense sectors—specifically AI, robotics, software, UAVs, and advanced manufacturing.
New Leadership Background: Jay Wright most recently served as the co-founder and Chief Strategy Officer of Castellum, Inc. (a NYSE-American listed defense tech firm) and has an extensive history as an M&A attorney and Wall Street investment banker.
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