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Spectral Capital Corporation Signs Agreement to Acquire 42 Telecom Ltd., a Global Leader in Messaging Infrastructure

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Spectral Capital Corporation (OTC: FCCN) has signed a binding agreement to acquire 42 Telecom Ltd., a Malta-based global telecommunications infrastructure provider. The acquisition involves issuing 8 million shares of FCCN common stock, with an additional 8 million shares held in escrow for earnout provisions.

42 Telecom, a leading SMS provider in Vietnam, guarantees $15 million in revenues for 2025. The company specializes in enterprise messaging, AI-enhanced fraud prevention, and quantum-integrated blockchain technology. The acquisition will integrate 42 Telecom's messaging infrastructure with Spectral's Distributed Quantum Ledger architecture, targeting healthcare, finance, and government sectors.

Spectral Capital Corporation (OTC: FCCN) ha firmato un accordo vincolante per acquisire 42 Telecom Ltd., un fornitore globale di infrastrutture di telecomunicazioni con sede a Malta. L'acquisizione prevede l'emissione di 8 milioni di azioni ordinarie di FCCN, con ulteriori 8 milioni di azioni trattenute in deposito a garanzia di clausole di earnout.

42 Telecom, principale fornitore di SMS in Vietnam, garantisce 15 milioni di dollari di ricavi per il 2025. L'azienda è specializzata in messaggistica aziendale, prevenzione delle frodi potenziata dall'IA e tecnologia blockchain integrata con il calcolo quantistico. L'acquisizione integrerà l'infrastruttura di messaggistica di 42 Telecom con l'architettura Distributed Quantum Ledger di Spectral, puntando ai settori sanitario, finanziario e governativo.

Spectral Capital Corporation (OTC: FCCN) ha firmado un acuerdo vinculante para adquirir 42 Telecom Ltd., un proveedor global de infraestructura de telecomunicaciones con sede en Malta. La adquisición implica la emisión de 8 millones de acciones ordinarias de FCCN, con 8 millones de acciones adicionales retenidas en custodia para disposiciones de earnout.

42 Telecom, un proveedor líder de SMS en Vietnam, garantiza 15 millones de dólares en ingresos para 2025. La empresa se especializa en mensajería empresarial, prevención de fraudes mejorada con IA y tecnología blockchain integrada con computación cuántica. La adquisición integrará la infraestructura de mensajería de 42 Telecom con la arquitectura Distributed Quantum Ledger de Spectral, enfocándose en los sectores de salud, finanzas y gobierno.

Spectral Capital Corporation (OTC: FCCN)은 몰타에 본사를 둔 글로벌 통신 인프라 제공업체인 42 Telecom Ltd.를 인수하기 위한 구속력 있는 계약을 체결했습니다. 이번 인수는 FCCN 보통주 800만 주를 발행하며, 추가로 800만 주는 어니아웃 조항을 위해 에스크로로 보관됩니다.

베트남의 선도적인 SMS 제공업체인 42 Telecom은 2025년 매출 1,500만 달러를 보장합니다. 이 회사는 기업 메시징, AI 기반 사기 방지, 양자 통합 블록체인 기술을 전문으로 합니다. 이번 인수는 42 Telecom의 메시징 인프라를 Spectral의 분산 양자 원장 아키텍처와 통합하여 의료, 금융, 정부 부문을 목표로 합니다.

Spectral Capital Corporation (OTC: FCCN) a signé un accord contraignant pour acquérir 42 Telecom Ltd., un fournisseur mondial d'infrastructures de télécommunications basé à Malte. L'acquisition implique l'émission de 8 millions d'actions ordinaires de FCCN, avec 8 millions d'actions supplémentaires placées en séquestre pour des clauses d'earnout.

42 Telecom, un fournisseur leader de SMS au Vietnam, garantit 15 millions de dollars de revenus pour 2025. L'entreprise est spécialisée dans la messagerie d'entreprise, la prévention des fraudes améliorée par l'IA et la technologie blockchain intégrée au quantique. L'acquisition intégrera l'infrastructure de messagerie de 42 Telecom avec l'architecture Distributed Quantum Ledger de Spectral, ciblant les secteurs de la santé, des finances et du gouvernement.

Spectral Capital Corporation (OTC: FCCN) hat eine verbindliche Vereinbarung zum Erwerb von 42 Telecom Ltd., einem globalen Telekommunikationsinfrastruktur-Anbieter mit Sitz in Malta, unterzeichnet. Die Übernahme umfasst die Ausgabe von 8 Millionen FCCN-Stammaktien, wobei weitere 8 Millionen Aktien treuhänderisch für Earnout-Bestimmungen gehalten werden.

42 Telecom, ein führender SMS-Anbieter in Vietnam, garantiert 15 Millionen US-Dollar Umsatz für 2025. Das Unternehmen ist auf Unternehmensnachrichten, KI-gestützte Betrugsprävention und quantenintegrierte Blockchain-Technologie spezialisiert. Die Akquisition wird die Messaging-Infrastruktur von 42 Telecom mit Spectrals Distributed Quantum Ledger-Architektur verbinden und sich auf die Bereiche Gesundheit, Finanzen und Regierung konzentrieren.

Positive
  • Guaranteed revenue of $15 million for 2025
  • Access to established messaging infrastructure with strong presence in Southeast Asian markets
  • Addition of multiple patentable inventions to intellectual property portfolio
  • Integration of blockchain technology and fraud prevention tools into messaging workflows
  • High-margin enterprise messaging suite recently launched
Negative
  • Significant share dilution with 16 million total shares to be issued
  • Transaction subject to regulatory and board approvals
  • Performance-based earnout conditions could impact final valuation

SEATTLE, July 15, 2025 /PRNewswire/ -- Spectral Capital Corporation (OTC: FCCN) today announced that it has entered into a binding agreement to acquire 100% of the equity of 42 Telecom Ltd. ("Forty Two"), a Maltese-based telecommunications infrastructure provider with global operations. The transaction, governed by a definitive share exchange agreement expected to close shortly, reflects Spectral's strategic expansion into high-growth enterprise messaging, AI-enhanced fraud prevention, and quantum-integrated blockchain technology.

Forty Two is recognized as one of the world's leading providers of international messaging infrastructure and is a leading foreign provider of SMS traffic into Vietnam for a decade, with billions of messages delivered. The company has built a robust global platform that integrates blockchain technology and proprietary fraud prevention tools into messaging workflows. Recently, Forty Two launched a high-margin enterprise messaging suite designed to accelerate its already rapid growth.

Under the terms of the agreement, Spectral will issue 8,000,000 shares of its common stock to Heritage Ventures Ltd., the sole shareholder of Forty Two. An additional 8,000,000 shares will be placed in escrow to support earnout and valuation protection provisions tied to Forty Two's 2025 and 2026 financial performance, for which the term sheet guarantees revenues of $15,000,000 in 2025.

"This acquisition gives Spectral access to one of the most advanced messaging infrastructures in the world, with unique penetration into Southeast Asian markets and a growing base of enterprise clients," said Jenifer Osterwalder, CEO of Spectral Capital Corporation. "Combined with Spectral's patent-pending technologies in compression, fraud prevention, and verticalized data mining, we believe Forty Two's migration to our Distributed Quantum Ledger architecture will unlock tremendous global value."

Forty Two's proprietary messaging gateway and compliance tools offer differentiated capabilities for customers seeking security, scalability, and integration with blockchain and AI-enhanced environments. The combined company will target enterprise messaging use cases in healthcare, finance, and government sectors.

"Joining Spectral gives us access to technological acceleration to scale our roadmap much faster," said Glen Warren, General Manager of 42 Ltd., "We believe Spectral's AI and quantum technologies can dramatically amplify the reach and intelligence of our core platform. We're particularly excited about the ability to embed Spectral's compression and fraud detection engines directly into our transactional messaging backbone."

The acquisition is expected to add dozens of patentable inventions to Spectral's growing intellectual property portfolio. These inventions, developed internally by Forty Two, include next-generation fraud detection, real-time compliance logic, and blockchain-integrated messaging verification frameworks.

The transaction remains subject to the execution of a definitive agreement and customary closing conditions, including required regulatory and board approvals. Upon closing, Forty Two will become a wholly owned subsidiary of Spectral Capital Corporation.

About Spectral Capital Corporation (OTC: FCCN):
Spectral Capital Corporation is a deep technology company focused on the intersection of AI technology and Quantum Computing. Founded in 2000 and headquartered in Seattle, Spectral brings over 20 years of expertise in accelerating emerging technologies, including more than a decade of developing artificial intelligence solutions. 

With a robust and growing intellectual property portfolio approaching 500 patents, Spectral specializes in acquiring, developing, and licensing transformative innovations at the intersection of AI and quantum technologies. The company partners with major research universities to drive frontier research and commercialization, and it integrates its proprietary technologies into acquired operating companies to unlock dramatic improvements in growth, efficiency, and profitability.

About 42 Telecom Ltd.
42 Telecom Ltd. is a global provider of carrier-grade international messaging services, with proprietary platforms that serve billions of SMS transactions annually. The company is known for its robust fraud mitigation infrastructure and its early integration of blockchain frameworks into telecommunications.

Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For more information, please visit Spectral Capital.

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SOURCE Spectral Capital Corporation

FAQ

What are the terms of Spectral Capital's acquisition of 42 Telecom?

Spectral Capital will issue 8 million shares of common stock upfront, plus 8 million shares in escrow for earnout provisions, to acquire 100% of 42 Telecom.

What is 42 Telecom's revenue guarantee for 2025?

42 Telecom has guaranteed revenues of $15 million for 2025 as part of the acquisition agreement.

What markets does 42 Telecom serve?

42 Telecom is a leading SMS provider in Vietnam and operates globally, with strong presence in Southeast Asian markets, serving healthcare, finance, and government sectors.

How will the acquisition affect FCCN's technology portfolio?

The acquisition will add dozens of patentable inventions in fraud detection, compliance logic, and blockchain-integrated messaging verification to Spectral's portfolio.

What regulatory approvals does the FCCN-42 Telecom deal require?

The transaction requires regulatory and board approvals as part of customary closing conditions before completion.
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