Breunich Holdings, Inc signed a letter of intent to acquire Altitude International, Inc. (OTCPK:ALTD) for $47.4 million in a reverse merger transaction on January 17, 2021. Breunich Holdings, Inc entered into a share exchange agreement to acquire Altitude International, Inc. in a reverse merger transaction on July 6, 2021. Post completion, BHI shareholders would own approximately 80% of the common shares of Altitude, and Altitude shareholders would own approximately 20% of the common shares of Altitude. Following the closing of the agreement, BHI will be a wholly-owned subsidiary of Altitude International, with each of its subsidiaries operating as wholly-owned subsidiaries. The transaction is subject to the completion of an audit of Breunich and its subsidiaries and the parties first negotiating and executing a definitive share exchange agreement. Breunich Holdings shall cause an audit of Breunich Holdings to be completed prior to the closing of the transaction and the closing shall be completed as soon as practicable after the completion of the proforma audit of Breunich Holdings and its subsidiaries. Breunich Holdings, Inc completed the acquisition of Altitude International, Inc. (OTCPK:ALTD) in a reverse merger transaction on July 23, 2021. Pursuant to the agreement, at closing, Breunich shareholders were issued 295,986,724 shares of Altitude. The Board of Directors of Altitude International Holdings and the shareholders of Breunich approved the transaction.