Spectral Capital Announces 42 TelecomExceeds 2025 Financial Performance Target
Seattle, WA â January 21, 2026 âSpectralCapital Corporation (OTCQB: FCCN)) todayannounced that 42 Telecom Ltd. (â42 Telecomâ), a recently acquired operatingsubsidiary, has informed the Company that it expects to have exceeded thefinancial performance target established in the Definitive Share ExchangeAgreement between Spectral and 42 Telcom dated July 7, 2025.
Pursuant to Section 4.1 of theDefinitive Share Exchange Agreement, 42 was required to profitably achieve revenuesof $16 million for the financial year ended 2025. Based on preliminaryunaudited financial results for the period, 42 Telecom expects to have reachedand exceeded this performance milestone.
As a result, 42 Telcom believes it hassatisfied all applicable financial performance obligations set forth under theacquisition agreement. Final audited financial statements for the period arecurrently in process and will be completed in accordance with applicableaccounting standards.
âExceeding the 2025 financial targetsso soon after the acquisition is a strong validation of our strategic thesisfor 42 Telecom,â said Jenifer Osterwalder, Chief Executive Officer of SpectralCapital Corporation. âThe performance reflects the quality of 42 Telcomâsmanagement team, the resilience of its operating platform, and the significantopportunity we see to build long-term value as part of the Spectral portfolio.â
Daniel Gilcher, Chief Financial Officerof Spectral Capital Corporation, added, âBased on the unaudited resultsprovided to us, 42 Telecom expects to have met and exceeded the revenue andprofitability thresholds established in the acquisition agreement. Thisachievement positions the business well as we move into the audit process andcontinue our focus on disciplined integration, financial transparency, andmargin improvement across the combined organization.â
Spectral views this performance as animportant validation of the strategic rationale underlying the acquisition of42 Telecom, including the strength of its operating platform, customerrelationships, and revenue model. The Company continues to focus on theintegration of 42 Telecomâs operations within Spectralâs broader communicationsand technology strategy, while pursuing disciplined growth and marginexpansion.
Additional information regarding theacquisition and integration of 42 Telecom will be included in Spectralâsforthcoming SEC filings.
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About SpectralâŻCapitalâŻCorporation
SpectralCapital (OTCQB: FCCN) is building the next generation of AI and quantum enableddigital infrastructure. Â With anextensive patent and IP portfolio across AI and quantum technologies, Spectralis the acquirer of choice for digital infrastructure includingtelecommunications, voice, SMS technologies and edge data centers. Spectralsâstrategy combines original invention, an active pendingâpatent pipeline, anddisciplined productization to create durable value across enterprise and SMBmarkets. For more information visit SpectralCapital.
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This press release contains forward-lookingstatements (as defined in Section 27A of the Securities Act of 1933, asamended, 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 areintended to identify forward-looking statements. Although FCCN believes thatthe expectations reflected in such forward-looking statements are reasonable,no assurance can be given that such expectations will prove to have beencorrect. These statements involve known and unknown risks and are based upon anumber of assumptions and estimates that are inherently subject to significantuncertainties and contingencies, many of which are beyond the control of FCCN.Actual results may differ materially from those expressed or implied by suchforward-looking statements. Factors that could cause actual results to differmaterially include, but are not limited to, changes in FCCN's business;competitive factors in the market(s) in which FCCN operates; risks associatedwith operations outside the United States; and other factors listed fromtime to time in FCCN's filings with the Securities and Exchange Commission.FCCN expressly disclaims any obligations or undertaking to release publicly anyupdates or revisions to any forward-looking statements contained herein toreflect any change in FCCN's expectations with respect thereto or any change inevents, conditions or circumstances on which any statement is based.
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