Spectral Capital Corporation Outlines Significant Business Upgrades Ahead of Planned NASDAQ Up-listing
Key Initiatives Underway Include:
Enhanced Board Governance: Appointment of new independent directors and formation of formal Audit and Corporate Governance committees to meet higher exchange standards. This move bolsters oversight and aligns the Company's governance with Nasdaq's rigorous requirements.
World-Class Board Expertise: Invitations extended to distinguished luminaries in technology and science – including two Nobel Prize laureates – to join Spectral's Board of Directors. By infusing world-class expertise at the board level, Spectral is reinforcing its commitment to scientific innovation and strategic guidance at the highest level.
Aggressive Acquisition Strategy: A focused plan to acquire small yet promising enterprise software companies and dramatically scale their performance by integrating Spectral's patents, trade secrets, and platform technologies into their products. This "buy and build" strategy aims to rapidly grow both revenue and profit within acquired businesses by leveraging Spectral's cutting-edge innovations.
Strategic Acquisitions Fueling Growth
As part of this acquisition-driven growth strategy, Spectral is actively expanding its portfolio with synergistic businesses:
Upcoming Healthcare Software Acquisition: Next month, Spectral plans to announce the acquisition of a healthcare-oriented software company, further demonstrating the versatility of its platform technologies across industries. This forthcoming acquisition will mark the Company's entry into the healthcare software sector, where Spectral's proprietary tech and IP can be applied to drive innovation and operational improvements.
Through these acquisitions, Spectral intends to infuse each subsidiary with its advanced technologies – from quantum-inspired algorithms to AI-driven data analytics – to drive substantial top-line revenue growth and bottom-line efficiency gains across the board. The Company's patent-protected tools and trade secrets will enable acquired products to differentiate and scale, benefiting customers and shareholders alike.
As
About
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the
View original content to download multimedia:https://www.prnewswire.com/news-releases/spectral-capital-corporation-outlines-significant-business-upgrades-ahead-of-planned-nasdaq-up-listing-302471584.html
SOURCE