ADEX Corporation acquired Legacy Staffing Business of High Wire Networks, Inc. for $11.5 million on March 6, 2023. Transaction valued at approximately $11.5 million, comprised primarily of the elimination of approximately $10 million of debt, representing monthly debt payments of approximately $325,000, and the cancellation of 140 shares of the Company's Series D preferred stock.

ADEX Corporation completed the acquisition of Legacy Staffing Business of High Wire Networks, Inc. on March 6, 2023.