DLT Resolution Inc. Completes Acquisition
Ticker: DLTI · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1420368
| Field | Detail |
|---|---|
| Company | Dlt Resolution Inc. (DLTI) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $35,000,000, $950,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, corporate-action
Related Tickers: DLTI
TL;DR
DLTI just closed an acquisition, watch for news.
AI Summary
DLT Resolution Inc. (formerly Hemcare Health Services Inc.) announced the completion of an acquisition on March 2, 2024. The company, incorporated in Nevada, is involved in personal services and is headquartered in Las Vegas, NV.
Why It Matters
This filing indicates a significant corporate action, potentially impacting the company's future operations, strategy, and financial performance.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, market reception, and financial performance, which could impact the company's stock.
Key Players & Entities
- DLT Resolution Inc. (company) — Registrant
- Hemcare Health Services Inc. (company) — Former company name
- NSU Resources Inc (company) — Former company name
- Bio-Carbon Solutions International Inc. (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- March 2, 2024 (date) — Date of earliest event reported
FAQ
What type of acquisition did DLT Resolution Inc. complete?
The filing states the 'Completion of Acquisition or Disposition of Assets' as the item information, indicating an acquisition or disposition has been finalized.
When was the completion of the acquisition reported?
The report was filed as of March 6, 2024, with the date of the earliest event reported being March 2, 2024.
What was DLT Resolution Inc. formerly known as?
DLT Resolution Inc. was formerly known as Hemcare Health Services Inc., NSU Resources Inc, and Bio-Carbon Solutions International Inc.
In which state is DLT Resolution Inc. incorporated?
DLT Resolution Inc. is incorporated in Nevada.
What is the business address of DLT Resolution Inc.?
The business address is 5940 S. Rainbow Blvd, Ste 400-32132, Las Vegas, NV 89118.
Filing Stats: 420 words · 2 min read · ~1 pages · Grade level 12.1 · Accepted 2024-03-06 11:53:05
Key Financial Figures
- $35,000,000 — plan. Ciscom on gross revenues of CAD $35,000,000, (Unaudited), a EBITDA (non-normalized)
- $950,000 — naudited), a EBITDA (non-normalized) of $950,000 is expected for the period ended Decemb
Filing Documents
- dlti_10k.htm (8-K) — 18KB
- 0001477932-24-001054.txt ( ) — 129KB
- dlti-20240302.xsd (EX-101.SCH) — 6KB
- dlti-20240302_lab.xml (EX-101.LAB) — 13KB
- dlti-20240302_cal.xml (EX-101.CAL) — 1KB
- dlti-20240302_pre.xml (EX-101.PRE) — 8KB
- dlti-20240302_def.xml (EX-101.DEF) — 2KB
- dlti_10k_htm.xml (XML) — 3KB
01 Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets. On March 2, 2024 DLT Resolution Inc. (or "The Company") acquired an additional 22.15% of the issued capital of Ontario Canada's Ciscom Corp. becoming the largest shareholder with 42.05% of Ciscom Corp. The Company issued 11,421,401 restricted common shares in the acquisition. Ciscom Corp. operates as a Canadian holding company, managing two entities in the Information and Communication Technology (ICT) sector. The company primarily focuses on acquiring substantial SMEs with proven profitability records, making them attractive targets for entrepreneurs seeking equity, transition, or lacking a defined succession plan. Ciscom on gross revenues of CAD $35,000,000, (Unaudited), a EBITDA (non-normalized) of $950,000 is expected for the period ended December 31, 2023. Ciscom Corp. is publicly traded and listed on the Canadian Securities Exchange as well as the US OTCQB Market. symbols (CSE:CISC)(OTCQB:CISCF) respectively. The information in this report and the exhibits hereto may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Such statements are made based on the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results or events may differ from those anticipated by forward-looking statements. 2 Signature(s) Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. DLT Resolution Inc. Date: March 06, 2024 By: /s/ Drew Reid Name: Drew Reid Title: President and Chief Executive Officer 3