TPT Global Tech, Inc. (OTCPK:TPTW) entered into an acquisition and purchase agreement to acquire Geokall UK Ltd for $1 million on October 31, 2023. As a part of consideration TPT Global Tech will issue 200,000 shares of TPT Series E Convertible Preferred Stock with a stated price of $5.00 per share and In addition, TPT agrees that upon a successful fund-raising event, TPT will provide Geokall with working capital in the amount up to $500,000. The purchase price may be subject to change based on the results of the audit based on SEC Standards of Geokall UK Ltd financial statements, including footnotes.

The closing may occur prior to the audit being completed based on the agreement.