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At the forefront of %ElectricVehicle (EV) and %Blockchain technology, this firm is looking to capitalize on the transformative power of EVs and blockchain and just announced it acquired an EV solutions firm.

%GraphBlockchain (CSE: GBLC) (OTC: REGRF) announced the successful acquisition of DataMetrex Electric Vehicle Solutions Inc. from Datametrex AI Limited (TSXV: DM) (OTC: DTMXF), marking a significant expansion of Graph Blockchain's portfolio by entering into the electric vehicle (EV) technology business.

Graph Blockchain issued 15,000,000 common shares to Datametrex at a deemed price of $0.05 per share. Additionally, Datametrex stands to receive up to $3,000,000 in cash Earn-Out Payments, subject to DMEVS meeting specific performance metrics over the next three years with a total consideration of up to $3,750,000.

Shares of $GBLC were trading up in morning trade.

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