Weconnect Tech International Inc. (OTCPK:WECT) entered into a letter of intent to acquire BMW Motorcycles of Orlando and BMW Motorcycles of Tampa and Euro Cycles of Daytona for $4 million on March 10, 2022. As part of consideration, Weconnect Tech will pay $4 million in cash and 0.2 million shares. The transaction is subject to due diligence, definitive agreement and transaction is expected to close on October 1, 2022.