Announcement • Jul 21Wealthcraft Capital, Inc. (OTCPK:WCCP) signed a letter of intent to acquire XLabs, Inc for $1.755 million.Wealthcraft Capital, Inc. (OTCPK:WCCP) signed a letter of intent to acquire XLabs, Inc. for $1.755 million on July 20, 2026. Under the terms of the LOI, DNS Holdings, Inc. (“DNS Holdings”), as representative of the shareholders of XLabs, would deliver all of the outstanding capital stock of XLabs to Wealthcraft in exchange for the issuance of 25,000,000 shares of Series A Preferred Stock and 2,000,000 shares of Series X Preferred Stock of Wealthcraft to the XLabs shareholders. At closing, XLabs is expected to have no outstanding liabilities. Following the closing, the combined company expects to operate under the “War Labs Defense Technologies, Inc.” name, subject to compliance with applicable corporate, OTC Markets, and FINRA requirements, including any change to the Company’s trading symbol. Consummation of the transaction is subject to the negotiation and execution of definitiveagreements and the satisfaction of customary closing conditions, including, but not limited to: i) execution and delivery of all required definitive instruments and agreements, including the acquisitionagreement; (ii) receipt of all necessary board, shareholder, and third-party consents; (iii) the absence of any material adverse event with respect to XLabs since the date of its financial statements; and (iv) satisfactory completion by Wealthcraft of all business, technical, and legal due diligence.
