Worldwide NFT, Inc. Announces Signing LOI to Acquire Federal Cybersecurity Provider
MCLEAN, Va., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Worldwide NFT, Inc. (OTC: WNFT) ("WNFT") announces that WNFT has signed
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MCLEAN, Va., Oct. 26, 2026 (GLOBE NEWSWIRE) — Worldwide NFT, Inc. (OTC: WNFT) (“WNFT”) announces that WNFT has signed a Letter of Intent (“LOI”) to acquire 100% of the capital stock of a Mid-Atlantic-based provider of cybersecurity software and services to the United States Government (the “Company”). The Company generates high single-digit millions of dollars in annual revenue and EBITDA margins in the high 20s. The LOI is subject to customary closing conditions, including due diligence and the execution of definitive documentation, including a formal purchase agreement. The transaction is targeted to close by the end of 2026.
“We are excited to sign this letter of intent to expand our software and cybersecurity capabilities,” said Jay Wright, Chairman and CEO of WNFT. “The Company has excellent people and technical capability, including in the quantum realm.”
“Completing the acquisition of the Company would be accretive to WNFT’s revenue, EBITDA, and earnings per share,” said Finn Dunne, Vice President of Mergers and Acquisitions at WNFT. “Combined with the other potential acquisitions we are reviewing, I am very optimistic about our pipeline and future prospects as we seek to build a company which can move to a listed exchange.”
About Worldwide NFT, Inc.
Worldwide NFT, Inc. (OTC: WNFT) is a publicly traded company that acquires established operating businesses. It focuses on accretive acquisitions in defense, technology, software, manufacturing, and related industries – www.wnft.us.
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect WNFT’s current expectations and assumptions about future events and performance and are inherently uncertain. Words such as “believe,” “expect,” “will,” “look forward,” “pipeline,” “seek,” “optimistic,” “prospects,” and similar expressions identify forward-looking statements. Readers should not place undue reliance on them, as they speak only as of the date of this release. Actual results may differ materially due to risks and uncertainties, many outside WNFT’s control. These include WNFT’s ability to identify, finance and close accretive acquisitions. The proposed transaction remains subject to due diligence and definitive documentation, so the revenue and EBITDA figures above depend on closing the transaction and on the Company maintaining its existing contracts. Except as required by law, WNFT undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact:
Jay Wright, CEO
Worldwide NFT, Inc.
301.524.4759
jwright@wnft.us
www.wnft.us
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8c16852-e0ee-4e2a-a956-5f627d0b1eb9
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