New Wave Holdings Corp. (CNSX:SPOR) entered into a Letter of Intent to acquire Pawtocol Holdings Corporation for CAD 5.3 million on November 25, 2021. New Wave Holdings Corp. entered into a share exchange agreement to acquire Pawtocol Holdings Corporation on December 31, 2021. Under the terms of the LOI, the New Wave Holdings Corp. will issue 15,000,000 common shares as consideration. Completion of the Proposed Transaction remains subject to a number of conditions, including: the satisfactory completion of due diligence; approval of the Canadian Securities Exchange; the negotiation of definitive documentation.

New Wave Holdings Corp. (CNSX:SPOR) completed the acquisition of Pawtocol Holdings Corporation on January 12, 2022.