{"success":true,"data":{"pressRelease":{"id":"143840","rtpr_id":"nGNX30bhvG-20260915","ticker":"WNFT","exchange":"OTC","all_tickers":["WNFT"],"title":"Worldwide NFT, Inc. Announces Signing LOI to Acquire RedTrace Technologies, Inc.","author":"Globe Newswire","published_at":"2026-09-15T12:30:00.442Z","article_body":"MCLEAN, Va., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Worldwide NFT, Inc. (OTC:\nWNFT) (“WNFT”) (“Company”) announces that the Company has signed a\nLetter of Intent (“LOI”) to acquire 100% of the capital stock of RedTrace\nTechnologies, Inc. (\n(https://www.globenewswire.com/Tracker?data=aB0pZVbow9H2uF461IjOTFB4yGGugMmiApzIRRzzAECvNoIt8uIvpvpd6e_f47pcXRmcNyYtkeHlDDKizk3oNg5a-6DPPeyo_sU5RwiDInNgdtAp3kNFuvY41rQ0GLqS)“RedTrace”),\na Maryland-based provider of cybersecurity services to the United States\ngovernment (www.redtracetech.com). RedTrace generates several million dollars\nin annual revenue and positive run-rate EBITDA. The LOI is subject to\ncustomary closing conditions, including due diligence and execution of\ndefinitive documentation, including a formal purchase agreement, and is\nexpected to close in the 4(th) calendar quarter of 2026.\n\n“RedTrace is an excellent first acquisition for WNFT,” said Jay Wright,\nCEO of WNFT. “Kelo Makelele,\n(https://www.globenewswire.com/Tracker?data=9358L_L3pyV-iM5zLRexjJjTfqSGfmFVUxYPqTXaH8_3dKyjZoRU8M4kh-00Ye76WZbQYSnje2iINbbC1AlimhfYlbInmuCiNpcWtVYsNC_DiGELqR841qsv37pzwDLw)\na decorated former Army Signal Corps officer with experience at U.S. Cyber\nCommand, the National Security Agency, and the FBI, has built a nimble, proven\nprovider of cybersecurity services. RedTrace has a solid reputation with the\nArmy and other government customers. I look forward to working with Kelo as we\nbuild a large successful company.”\n\n“We are excited to sign this LOI with WNFT and work with Jay to create a\nsignificant force in helping to defend America against cyber threats,” said\nKelo Makelele, founder and CEO of RedTrace. “Cyber-attacks are as\nsignificant as kinetic threats on the 21(st) century battlefield. Having\nRedTrace become part of a publicly traded company will help give us a larger\ncapability to aid in that fight.”\n\nAbout RedTrace Technologies, Inc.\n\nRedTrace Technologies, Inc. (RedTrace) is a cyber intelligence-driven\ncybersecurity, information technology, and information operations firm\nprimarily focused on assisting its commercial, federal, civilian, DoD, and\nU.S. intelligence community clients to achieve mission success by proactively\nidentifying and mitigating cyber threats; supporting mission-critical IT\ncomponents; and applying sound business and programmatic management principles\n- https://www.redtracetech.com/\n\nAbout Worldwide NFT, Inc.\n\nWorldwide NFT, Inc.\n(https://www.globenewswire.com/Tracker?data=lX2TGOpaUWVOEK2rqeVtKlMSh43tYPNEaTHVe3fBel7Vd8t8XyG4z7LkMNzDlp4Wg4nK27qNT0T2w0zit2rhuxuZveRC4GaFgPbTyxELzqc=)\n(OTC: WNFT; WNFT)\n(https://www.globenewswire.com/Tracker?data=32EcR_h5sR8nWRId_IDDan4hjip4LGELu-rMdCHbB3h-n0HufDcqQ0E_FMVhtOaZmNTmp3CjHr8SMt1YqUM-jWmk6k1PqVPC43gJkOQlykYIt11kfUVTYEnBU2mlFJsc)\nis a publicly traded company focused on acquiring strong operating companies,\nincluding looking to make accretive acquisitions in the defense, tech,\nmanufacturing, or related industries. -.https://www.wnft.us/.\n\nCautionary statement on Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. All forward-looking statements\nare inherently uncertain, based on current expectations and assumptions\nconcerning future events or future performance of the Company. Readers are\ncautioned not to place undue reliance on these forward-looking statements,\nwhich are only predictions and speak only as of the date hereof. Words such as\n“plan,” “goal,” “will,” “look forward,” “would,”\n“believe,” and “is expected,” and similar language are indicative of\nforward-looking statements. These forward-looking statements are subject to\nrisks and uncertainties, many of which are outside of the company’s control,\nthat could cause actual results to differ (sometimes materially) from the\nresults expressed or implied in the forward-looking statements, including,\namong others, the company’s ability to find, finance, and close accretive\nacquisitions. The RedTrace transaction is subject to customary due diligence\nand definitive documentation. Therefore revenue and EBITDA numbers are subject\nto closing the transaction and to maintenance of RedTrace’s existing\ncontracts. Except as required by law, we undertake no obligation to update or\nrevise any forward-looking statements, whether as a result of new information,\nfuture events, a change in events, conditions, circumstances or assumptions\nunderlying such statements, or otherwise.\n\nContact: Jay Wright, CEO\nWorldwide NFT, Inc.\n 301.524.4759\njwright@wnft.us\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/48429166-ffeb-477b-a110-0d25f5a3ca43\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c9d2e07e-f3a8-48ed-9b63-dd4f9b48c2ca)\nWORLDWIDE NFT, INC. ANNOUNCES SIGNING LOI TO ACQUIRE REDTRACE TECHNOLOGIES,\nINC. \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/48429166-ffeb-477b-a110-0d25f5a3ca43/en)\nWorldwide NFT, Inc. (OTC: WNFT) (“WNFT”) (“Company”) announces that\nthe Company has signed a Letter of Intent (“LOI”) to acquire 100% of the\ncapital stock of RedTrace Technologies, Inc. (“RedTrace”), a\nMaryland-based provider of cybersecurity services to the United States\ngovernment - www.redtracetech.com and www.wnft.us.\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX30bhvG-20260915","title":"Worldwide NFT, Inc. Announces Signing LOI to Acquire RedTrace Technologies, Inc.","author":"Globe Newswire","ticker":"WNFT","created":"2026-09-15T12:30:00.442Z","tickers":["WNFT"],"exchange":"OTC","article_body":"MCLEAN, Va., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Worldwide NFT, Inc. (OTC:\nWNFT) (“WNFT”) (“Company”) announces that the Company has signed a\nLetter of Intent (“LOI”) to acquire 100% of the capital stock of RedTrace\nTechnologies, Inc. (\n(https://www.globenewswire.com/Tracker?data=aB0pZVbow9H2uF461IjOTFB4yGGugMmiApzIRRzzAECvNoIt8uIvpvpd6e_f47pcXRmcNyYtkeHlDDKizk3oNg5a-6DPPeyo_sU5RwiDInNgdtAp3kNFuvY41rQ0GLqS)“RedTrace”),\na Maryland-based provider of cybersecurity services to the United States\ngovernment (www.redtracetech.com). RedTrace generates several million dollars\nin annual revenue and positive run-rate EBITDA. The LOI is subject to\ncustomary closing conditions, including due diligence and execution of\ndefinitive documentation, including a formal purchase agreement, and is\nexpected to close in the 4(th) calendar quarter of 2026.\n\n“RedTrace is an excellent first acquisition for WNFT,” said Jay Wright,\nCEO of WNFT. “Kelo Makelele,\n(https://www.globenewswire.com/Tracker?data=9358L_L3pyV-iM5zLRexjJjTfqSGfmFVUxYPqTXaH8_3dKyjZoRU8M4kh-00Ye76WZbQYSnje2iINbbC1AlimhfYlbInmuCiNpcWtVYsNC_DiGELqR841qsv37pzwDLw)\na decorated former Army Signal Corps officer with experience at U.S. Cyber\nCommand, the National Security Agency, and the FBI, has built a nimble, proven\nprovider of cybersecurity services. RedTrace has a solid reputation with the\nArmy and other government customers. I look forward to working with Kelo as we\nbuild a large successful company.”\n\n“We are excited to sign this LOI with WNFT and work with Jay to create a\nsignificant force in helping to defend America against cyber threats,” said\nKelo Makelele, founder and CEO of RedTrace. “Cyber-attacks are as\nsignificant as kinetic threats on the 21(st) century battlefield. Having\nRedTrace become part of a publicly traded company will help give us a larger\ncapability to aid in that fight.”\n\nAbout RedTrace Technologies, Inc.\n\nRedTrace Technologies, Inc. (RedTrace) is a cyber intelligence-driven\ncybersecurity, information technology, and information operations firm\nprimarily focused on assisting its commercial, federal, civilian, DoD, and\nU.S. intelligence community clients to achieve mission success by proactively\nidentifying and mitigating cyber threats; supporting mission-critical IT\ncomponents; and applying sound business and programmatic management principles\n- https://www.redtracetech.com/\n\nAbout Worldwide NFT, Inc.\n\nWorldwide NFT, Inc.\n(https://www.globenewswire.com/Tracker?data=lX2TGOpaUWVOEK2rqeVtKlMSh43tYPNEaTHVe3fBel7Vd8t8XyG4z7LkMNzDlp4Wg4nK27qNT0T2w0zit2rhuxuZveRC4GaFgPbTyxELzqc=)\n(OTC: WNFT; WNFT)\n(https://www.globenewswire.com/Tracker?data=32EcR_h5sR8nWRId_IDDan4hjip4LGELu-rMdCHbB3h-n0HufDcqQ0E_FMVhtOaZmNTmp3CjHr8SMt1YqUM-jWmk6k1PqVPC43gJkOQlykYIt11kfUVTYEnBU2mlFJsc)\nis a publicly traded company focused on acquiring strong operating companies,\nincluding looking to make accretive acquisitions in the defense, tech,\nmanufacturing, or related industries. -.https://www.wnft.us/.\n\nCautionary statement on Forward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended. All forward-looking statements\nare inherently uncertain, based on current expectations and assumptions\nconcerning future events or future performance of the Company. Readers are\ncautioned not to place undue reliance on these forward-looking statements,\nwhich are only predictions and speak only as of the date hereof. Words such as\n“plan,” “goal,” “will,” “look forward,” “would,”\n“believe,” and “is expected,” and similar language are indicative of\nforward-looking statements. These forward-looking statements are subject to\nrisks and uncertainties, many of which are outside of the company’s control,\nthat could cause actual results to differ (sometimes materially) from the\nresults expressed or implied in the forward-looking statements, including,\namong others, the company’s ability to find, finance, and close accretive\nacquisitions. The RedTrace transaction is subject to customary due diligence\nand definitive documentation. Therefore revenue and EBITDA numbers are subject\nto closing the transaction and to maintenance of RedTrace’s existing\ncontracts. Except as required by law, we undertake no obligation to update or\nrevise any forward-looking statements, whether as a result of new information,\nfuture events, a change in events, conditions, circumstances or assumptions\nunderlying such statements, or otherwise.\n\nContact: Jay Wright, CEO\nWorldwide NFT, Inc.\n 301.524.4759\njwright@wnft.us\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/48429166-ffeb-477b-a110-0d25f5a3ca43\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c9d2e07e-f3a8-48ed-9b63-dd4f9b48c2ca)\nWORLDWIDE NFT, INC. ANNOUNCES SIGNING LOI TO ACQUIRE REDTRACE TECHNOLOGIES,\nINC. \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/48429166-ffeb-477b-a110-0d25f5a3ca43/en)\nWorldwide NFT, Inc. (OTC: WNFT) (“WNFT”) (“Company”) announces that\nthe Company has signed a Letter of Intent (“LOI”) to acquire 100% of the\ncapital stock of RedTrace Technologies, Inc. (“RedTrace”), a\nMaryland-based provider of cybersecurity services to the United States\ngovernment - www.redtracetech.com and www.wnft.us.\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-15T12:30:00.602317441Z","server_sent_at_ms":1789475400602},"received_at":"2026-09-15T12:30:00.740Z","source_url":null},"analysis":{"id":"132669","press_release_id":"143840","analysis_json":{"industry":null,"redFlags":["LOI is non-binding; transaction subject to due diligence and definitive documentation and may not close","No purchase price, consideration structure, or financing details disclosed","RedTrace revenue and EBITDA figures are contingent on closing and on maintenance of RedTrace's existing government contracts"],"eventType":"m_and_a","narrative":"Worldwide NFT, Inc. (OTC: WNFT) has signed a Letter of Intent to acquire 100% of the capital stock of RedTrace Technologies, Inc., a Maryland-based provider of cybersecurity services to the United States government.\n\nRedTrace generates several million dollars in annual revenue with positive run-rate EBITDA; the LOI is subject to due diligence and a definitive purchase agreement, with closing expected in Q4 2026. No purchase price or financing terms were disclosed.\n\nThe deal would be the first acquisition for WNFT under its strategy of acquiring operating companies in defense, tech, and manufacturing, and would take the publicly traded shell into the government cybersecurity space.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap WNFT pivots into government cybersecurity via its first acquisition LOI — the watch item is whether a definitive agreement with financing details follows in Q4."},"keyFigures":{"customDimensions":{"target_ebitda":"positive run-rate EBITDA","expected_close":"Q4 2026","acquisition_stake":"100% of capital stock","target_annual_revenue":"several million dollars"}},"quotedText":"RedTrace is an excellent first acquisition for WNFT","namedEntities":{"people":[{"name":"Jay Wright","role":"CEO of Worldwide NFT, Inc."},{"name":"Kelo Makelele","role":"Founder and CEO of RedTrace Technologies; former Army Signal Corps officer with experience at U.S. Cyber Command, NSA, and FBI"}],"products":[],"companies":[{"name":"Worldwide NFT, Inc.","ticker":"WNFT","relationship":"filer/acquirer"},{"name":"RedTrace Technologies, Inc.","relationship":"acquisition target (private, Maryland-based government cybersecurity provider)"}],"dollarAmounts":[{"amount":"several million dollars","context":"RedTrace annual revenue (unspecified range)"}]},"materialImpact":{"score":3,"reasoning":"This is a transformative first acquisition for WNFT under its stated strategy of buying operating companies in defense/tech, and the target brings several million dollars of revenue and positive run-rate EBITDA. However, it is only a non-binding LOI with no disclosed purchase price or financing terms, subject to due diligence and definitive documentation."},"tickerRelevance":{"others":[],"primary":"WNFT"},"globalImportance":20,"audienceRelevance":18,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap OTC","eventGravity":"non-binding acquisition LOI, no deal value disclosed","issuerAuthored":true,"firstAcquisition":true,"marketCapAdjustment":"minimal global relevance; material mainly to WNFT holders"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Worldwide NFT, Inc. (OTC: WNFT) has signed a Letter of Intent to acquire 100% of the capital stock of RedTrace Technologies, Inc., a Maryland-based provider of cybersecurity services to the United States government.\n\nRedTrace generates several million dollars in annual revenue with positive run-rate EBITDA; the LOI is subject to due diligence and a definitive purchase agreement, with closing expected in Q4 2026. No purchase price or financing terms were disclosed.\n\nThe deal would be the first acquisition for WNFT under its strategy of acquiring operating companies in defense, tech, and manufacturing, and would take the publicly traded shell into the government cybersecurity space.","key_figures":{"customDimensions":{"target_ebitda":"positive run-rate EBITDA","expected_close":"Q4 2026","acquisition_stake":"100% of capital stock","target_annual_revenue":"several million dollars"}},"named_entities":{"people":[{"name":"Jay Wright","role":"CEO of Worldwide NFT, Inc."},{"name":"Kelo Makelele","role":"Founder and CEO of RedTrace Technologies; former Army Signal Corps officer with experience at U.S. Cyber Command, NSA, and FBI"}],"products":[],"companies":[{"name":"Worldwide NFT, Inc.","ticker":"WNFT","relationship":"filer/acquirer"},{"name":"RedTrace Technologies, Inc.","relationship":"acquisition target (private, Maryland-based government cybersecurity provider)"}],"dollarAmounts":[{"amount":"several million dollars","context":"RedTrace annual revenue (unspecified range)"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-15T12:30:37.275Z","global_importance":20,"audience_relevance":18,"importance_components":{"tickerTier":"micro-cap OTC","eventGravity":"non-binding acquisition LOI, no deal value disclosed","issuerAuthored":true,"firstAcquisition":true,"marketCapAdjustment":"minimal global relevance; material mainly to WNFT holders"}},"durationMs":36507,"modelName":"glm-5.3-flash"}}