Alpine 4 Technologies, Ltd. (OTCPK:ALPP) entered into an agreement in principle to acquire Vayu, Inc on December 28, 2020. Alpine 4 Technologies, Ltd. (OTCPK:ALPP) entered into a Merger agreement to acquire Vayu, Inc on December 31, 2020. Daniel Pepper, the current Chief Executive Officer of Vayu, will continue in his role as Chief Executive Officer. Vayu and Alpine 4 expect to have the closing conditions met by January 10, 2021. On December 29, 2020 VAYU obtained the approval of the required holders of the VAYU Shares. Kirton & McConkie, PC acted as a legal advisor to Alpine 4 Technologies, Ltd. and Paesano Akkashian, P.C. acted as a legal advisor to Vayu, Inc.

Alpine 4 Technologies, Ltd. (OTCPK:ALPP) completed the acquisition of Vayu, Inc. on February 5, 2021. Alpine 4 issued 1,428,572 shares of Series D Preferred Stock in connection with the Vayu (US) merger transaction.