One World Ventures, Inc. (OTCPK:OWVI) entered into an asset purchase agreement to acquire Inventory assets of Smart Prime Group Ltd. from Smart Prime Group Ltd. for approximately $149 million on February 10, 2023. The purchase price for the assets is based on 827,363,007 shares of OWVI. On execution of this Agreement, Buyer shall deposit 138,000,000 common shares of OWVI in the escrow.

The remainder of the purchase price payable as shares of Common Stock of One World Ventures, Inc., and shall deposited in the escrow account on or before the date set for consummation of the purchase and sale of the Assets. Approval of Proceedings. All actions, proceedings, instruments, and documents required to carry out this Agreement, or incidental thereto, and all other related legal matters shall have been approved by legal and financial counsels for the Buyer.

The Closing date shall be on or before February 20, 2023, provided there are no unforeseen delays.