Darkpulse Stock Price, News & Analysis

DarkPulse, Inc. announced that Global System Dynamics, Inc. (GSD) has approved a one-month extension for completing their initial business combination, now due on March 9, 2023. To facilitate this, DarkPulse deposited $83,947.13 into GSD's trust account, equivalent to $0.0625 per public share. This amount is a non-interest bearing loan, to be repaid upon completion of the business combination or if GSD is liquidated, contingent on available funds. CEO Dennis O'Leary expressed excitement about the extension, aiming to enhance their infrastructure solutions in Smart Cities.

Global System Dynamics (Nasdaq: GSD) announced a request from its sponsor, DarkPulse, Inc., for a one-month extension to finalize its initial business combination. The sponsor will deposit $83,947.13 into GSD's trust account, increasing the funds available per share by approximately $0.0625. This extension pushes the deadline from February 9, 2023 to March 9, 2023. The contribution will act as a non-interest bearing loan, repayable upon the business combination or liquidation. GSD, formed as a blank check company in January 2021, aims to pursue acquisitions aligned with its management team's expertise.

DarkPulse, Inc. (OTC: DPLS), a company specializing in advanced laser-based critical infrastructure monitoring, has engaged The Blueshirt Group to enhance its investor relations and communication strategies. This partnership aims to increase DarkPulse's visibility in the financial community and communicate the potential of its innovative technologies effectively. CEO Dennis O'Leary expressed optimism about leveraging Blueshirt's expertise to facilitate growth as the company enters a new development stage.

DarkPulse, Inc. CEO Dennis O'Leary addressed shareholders, highlighting the commercialization of their patented optical sensor system and a strategic partnership with MultiNet for global expansion, especially in the Middle East. The company is poised for a NASDAQ listing, emphasizing non-dilutive transactions aimed at shareholder value. They plan to enhance operational efficiency and focus on water security initiatives. Key milestones include a DFOS acquisition and launching an intelligent bridge with CALTRANS. The company anticipates revenue growth in 2023, supported by improved financial management and strategic acquisitions.

DarkPulse, Inc. (OTC: DPLS) has entered into a definitive business combination agreement with Global System Dynamics, Inc. (NASDAQ: GSD) and its subsidiary Zilla Acquisition Corp. Upon completion, DarkPulse will be listed on NASDAQ under the symbol "DARK". The transaction is valued at approximately $223 million in equity and is expected to close in the first or second quarter of 2023. This merger aims to enhance capital access, liquidity, and acquisition opportunities in critical infrastructure sectors. Existing DarkPulse shareholders will retain full equity in the new entity.

DarkPulse, Inc. (OTC Markets: DPLS) announced the acquisition of an equity position in Gladstone Acquisition Corp. (NASDAQ: GLEE) for $1,500,000. The deal includes 2,623,120 shares of Class B Common Stock and 4,298,496 Private Placement Warrants, enabling DarkPulse to leverage Gladstone's capabilities for future business opportunities. As a blank check company, Gladstone focuses on mergers and acquisitions and currently has no operational revenue. This strategic investment aims to enhance DarkPulse's market position in the technology sector.

DarkPulse, Inc. (OTC Markets: DPLS) announced a press conference at the National Press Club in Washington, D.C. on September 13, 2022, to discuss a Joint Venture with Dr. Philip R. Kennedy and Neural Signals Inc. This venture aims to develop Brain-Machine Interface technologies, including a Speech Prosthesis for patients with paralysis or mutism. The event will be accessible via live stream on DarkPulse's YouTube channel. The company specializes in laser-based monitoring systems, enhancing infrastructure safety and surveillance.

DarkPulse, Inc. (OTC Markets: DPLS) announced it will acquire 100% equity ownership of Remote Intelligence and Wildlife Specialists, making them wholly owned subsidiaries. This strategic move aims to enhance its capabilities in drone-based services specializing in energy and environmental surveys. DarkPulse plans to expand its services into home drone delivery and is also developing a ruggedized version of its BOTDA sensor systems for aerospace applications. CEO Dennis O'Leary highlighted the intent to pursue further acquisitions in the aerospace sector.