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The latest announcement is out from American Oil & Gas ( (NFTN) ).
On May 20, 2025, NFiniTi 1 Inc., a subsidiary of American Oil & Gas, completed the acquisition of CyberSyn LLC, a pre-revenue fintech company developing a centralized cryptocurrency exchange for the U.S. market. The transaction involved a Share Exchange Agreement where CyberSyn’s members received 90% equity in the subsidiary, and a $500,000 Convertible Promissory Note was issued. This acquisition aims to diversify the company’s operations into the fintech sector, potentially capturing a significant share of the U.S. cryptocurrency market, while also posing regulatory challenges.
More about American Oil & Gas
American Oil & Gas is a pre-revenue operating company that has transitioned from being a shell company to focusing on ready-to-drink alcoholic beverages through its subsidiary, Artisan Beverages, Inc. The company has diversified its operations into the fintech sector with the acquisition of CyberSyn LLC, aligning with its strategy to expand into new industries to enhance shareholder value.
Average Trading Volume: 107,383
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.6M
Find detailed analytics on NFTN stock on TipRanks’ Stock Analysis page.