XCPCNL Business Services Announces Signing of Reverse Merger
Acquisition Agreements with Centiment Capital Holdings
Charlotte, NC -- August 16, 2022 -- InvestorsHub NewsWire --
XCPCNL Business Services Corporation (OTC
Pink: XCPL), a venture development business that leverages
knowledge, skill, and experience in the consumer products industry,
and Centiment Capital Holdings, a privately-held neurodata
technology company, today announced that the two companies have
signed acquisition agreements, whereby the Company will acquire two
operating subsidiaries of Centiment Capital Holdings, Advanced
Research Machines LLC (ARM) and Xerxes Trading Holdings LLC
(Xerxes). The acquisitions will be accounted for as "reverse
mergers."
ARM is the company behind the Mantis Crypto trading technology
and owns Centiment.io. Xerxes is a multi-asset class trading
technology and will compliment ARMs High Frequency Trading
Platform. The Office for the combined enterprise will be
established in Charlotte, NC at Industrious NODA.
The acquisition transactions are expected to close prior to the
end of August 2022, and the Company is not aware of any impediments
to closing.
"I am excited to join with Tim Matthews to lead the company as
it enters its next stage of evolution. I am confident that we have
to opportunity to grow our presence in multiple verticals and
continue to build shareholder value," said Micah Brown, current CEO
of Centiment who is to join the Board of the Company after the
acquisition transactions close.
XCPCNL Business Services Corporation (OTC
Pink: XCPL) encourages shareholders to visit their corporate
Twitter account at https://twitter.com/RealXCPCNL.
Forward-Looking Statements Disclaimer:
This press release may include, and oral statements made from
time to time by representatives of the Company may include,
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements regarding
possible business combinations and the financing thereof, and
related matters, as well as all other statements other than
statements of historical fact included in this press release, are
forward-looking statements. When used in this press release, words
such as "anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "might," "plan," "possible,"
"potential," "predict," "project," "should," "would" and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company's management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company's filing with the Over the Counter Market
("OTC"). All subsequent written or oral forward-looking statements
attributable to us or persons acting on our behalf are qualified in
their entirety by this paragraph. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
About XCPCNL:
Charlotte, NC-based XCPCNL Business Services is a venture
development business that leverages its knowledge, skills, and
experience in the consumer products industry. Our primary mission
is to provide marketing, technology, and other business services to
fast-growing consumer product companies and big-box retailers.
XCPCNL is a minority-owned and controlled firm. To learn more about
our businesses, services, and opportunities, please contact:
info@xcpcnl.com.
To learn more about XPCNL, visit www.xcpcnl.com
For Inquiries:
Email: ir@xcpcnl.com