FCCN Shares Go to the Parent Company (RDAR)
The shares of Spectral Capital Corporation (FCCN) are being issued to the selling entity, which is the corporate parent Telvantis Inc. (RDAR), not to the individual RDAR common shareholders.
This is an asset sale (Telvantis Inc. is selling its subsidiary, Telvantis Voice Services) for stock consideration, meaning the FCCN stock becomes a new asset on the balance sheet of Telvantis Inc.
The Consideration for Telvantis Inc. (RDAR)
Telvantis Inc. will receive a number of FCCN shares based on the future performance of the Voice Services business it sold, in the following range:
Scenario FCCN Shares Issued to Telvantis Inc. (RDAR) Condition (2026 Performance)
Minimum 1,500,000 shares If the acquired unit achieves at least $240 million in profitable revenue.
Maximum 10,000,000 shares If the acquired unit achieves $10 million in operating profits OR $665 million in profitable gross revenue.
How RDAR Shareholders Benefit
The benefit to the common shareholders of RDAR is indirect. The value of their existing RDAR shares should increase (in theory) because the parent company now holds a substantial amount of stock in Spectral Capital (FCCN) as a non-core, liquid investment asset.
According to the press release, this sale is part of Telvantis's larger strategy to:
Monetize a large, established business unit.
Strengthen its balance sheet with FCCN stock.
Accelerate its strategic pivot toward higher-growth areas like 5G and digital infrastructure, which the management believes will lead to an uplisting of the RDAR stock itself.
In short, RDAR shareholders hold an equity stake in a company (Telvantis Inc.) that now holds FCCN shares as an asset, but they do not automatically receive FCCN shares in their brokerage accounts.