Upon completion of Spectral Capital Corporation’s (FCCN) acquisition of Telvantis Voice Services, Inc., as outlined in the September 29, 2025, binding term sheet, Telvantis Inc. (formerly Raadr Inc., ticker RDAR) will undergo a significant change. Telvantis Voice Services, Inc., the Florida-based subsidiary that drives nearly all of RDAR’s revenue (approximately $98 million in H1 2025, with a $196 million annualized run-rate), will be acquired by FCCN in an all-stock transaction. It’s important to understand that Telvantis Voice Services, Inc. is a distinct entity from its parent, Telvantis Inc. (RDAR). The deal transfers only the subsidiary to FCCN, leaving Telvantis Inc. (RDAR) as a separate, publicly traded entity on the OTC Pink market. After the acquisition, RDAR will no longer own its primary revenue-generating business, as the term sheet specifies that Telvantis Voice Services will be delivered “without debt and without any other operating subsidiaries.” However, as part of the transaction, Telvantis Inc. will receive 10 million FCCN shares (1.5 million at closing and up to 8.5 million in earn-outs based on 2026 performance milestones), which will be subject to a one-year lock-up period. This means RDAR will hold these FCCN shares but cannot sell or transfer them for 12 months from the closing date, potentially positioning RDAR to benefit from FCCN’s future growth while it continues to exist as a holding company, possibly pursuing new business opportunities or assets.
This is what the pr and FCCN 8k says imo. Note it's a term sheet (not closed) and forward-looking (e.g., earn-outs depend on TVS hitting milestones post-integration with FCCN's AI tech).
If anyone sees it differently?
i'm sorry
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