CYIOS Corporation (OTCPK:CYIO) entered into a binding letter of intent to acquire Helio Lending on March 25, 2021. CYIOS will acquire 100% of the outstanding interests in Helio, in exchange for a number of shares of Cyios restricted common stock. Post completion, Helio will become a wholly owned subsidiary of CYIOS. Helio shareholders will be subject to a lock up and leak out agreement. The transaction is expected to complete in mid April. CYIOS Corporation (OTCPK:CYIO) completed the acquisition of Helio Lending on May 7, 2021.