Infrax Systems, Inc. Completes its Acquisition of Mi Pulpe LLC

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Aug 02, 2022

SPRING, TX / ACCESSWIRE / August 2, 2022 / Infrax Systems, Inc. (OTC PINK:IFXY) announced today that it has completed its acquisition of Mi Pulpe LLC, an US Master Importer & Distributor of specialty nostalgic food and beverage products catering to the Latin American market segment. Effective July 29, 2022, IFXY purchased 100% of the membership units of Mi Pulpe, LLC, a Florida limited liability company, from its sole member, Alnost USA, LLC. The acquisition has resulted in a change of control, with Alnost USA now controlling shares that provide it with approximately 53% of IFXY's voting rights. Mi Pulpe LLC will now operate as a wholly owned subsidiary of IFXY. The acquisition is non-dilutive to current IFXY shareholders and will not require the issuance of any new stock.