Vezbi, Inc completed the acquisition of WPF Holdings, Inc. in a reverse merger transaction.
April 26, 2023
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Vezbi, Inc signed a definitive agreement to acquire WPF Holdings, Inc. (OTCPK:WPFH) in a reverse merger transaction for approximately $4.9 billion on January 30, 2023. As part of the agreement, WPF Holdings will issue 265 million common shares. At closing, the shareholders of Vezbi will be issued 10 common shares of WPF Holdings in exchange for 1 common share of Vezbi. As part of the agreement, a Form 10 and S-1 registration statement (for the new shares issued) will be filed with the US Securities and Exchange Commission in preparation for uplisting onto a national exchange. Additionally, WPF Holdings will be changing its name and applying for a new trading symbol after becoming a fully reporting company with the SEC.
Vezbi, Inc completed the acquisition of WPF Holdings, Inc. (OTCPK:WPFH) in a reverse merger transaction on April 27, 2023. The transaction is expected to be treated as a reverse merger for accounting purposes.
WPF Holdings, Inc. is an e-commerce and digital consultancy company that helps businesses navigate the digital landscape. It provides an approach to help businesses enhance their online presence and revenue. The Company's subsidiary is Vezbi, Inc., which is a technology company that developed and created the Vezbi Super App. A Super App is an all-in-one, multi-functional mobile app that combines multiple services with features that include various payment methods, other financial services and communication into a single ecosystem. Its other subsidiaries are CareClix, Inc., CareClix Services, Inc., CareClix RPM, Inc. and MyCareClix, Inc., doing business as MyGuardianDoc, and include a telemedicine medical services company, a direct-to-consumer company, a software-as-a-platform (SaaS) company, and a remote patient monitoring (RPM) company. It engaged in offering consumer telemedicine under the MyGuardianDoc name, with a new subscription model.
WPF HOLDINGS, INC. 
