Northwire Canada EditionFriday, July 10, 2026
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M&A / Property

Carrier Connect closes Morewave asset acquisition

CCDS · Price

Executive Summary

  • Carrier Connect Data Solutions Inc. has completed the acquisition of network connectivity and delivery assets from Morewave Communication Inc.
  • The acquisition consideration consists of 560,000 common shares, which are held in escrow and scheduled for release in four equal tranches over a 24-month period.
  • The company simultaneously entered into a six-month social media consulting and investor awareness agreement with Capital Analytica for a total fee of $150,000.

Key Details

  • Acquisition Target: Network connectivity and delivery assets from Morewave Communication Inc.
  • Agreement Date: April 28, 2026 (Asset Purchase Agreement)
  • Consideration: 560,000 common shares issued to Morewave
  • Escrow & Release Schedule: Shares are escrowed and will be released in four equal tranches at 6, 12, 18, and 24 months following May 8, 2026
  • Transaction Status: Arm's-length transaction; no finders' fees paid by either party
  • Marketing Services Agreement: Six-month social media consulting and investor awareness services with Triomphe Holdings Ltd. (d.b.a. Capital Analytica)
  • Marketing Fee Structure: $150,000 total fee, payable in two equal installments over the six-month term
  • Renewal Option: Option to extend for an additional six-month term at a rate of $75,000
  • Counterparty Interest: Capital Analytica holds no direct or indirect interest in the company or its securities, has no current intention to acquire securities, and only potential future interest is through possible stock option grants.
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