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SETO Holdings (OTCID:SETO) announced on December 9, 2025 the acquisition of CapCity Beverage, a U.S. federally licensed alcohol importer and wholesaler, to expand SETO's U.S. importation, bonded warehousing, compliance, and national distribution capabilities.
The deal is valued at $1,000,000 (consisting of $100,000 debt, $500,000 stated-value preferred stock, and up to $400,000 in common stock contingent on performance, with a cash-in-lieu option). Management says the acquisition adds revenue streams, improves margin capture, and accelerates brand rollouts through integrated import-to-shelf infrastructure.