On December 6, 2024, Infobird entered into an equity acquisition agreement to acquire 32% of Pure Tech Global Limited for approximately $25.7M, including transaction costs. This acquisition will be funded by $19.8M in cash and a $5.9M senior convertible promissory note. The transaction is expected to close by January 2025.Previously, in November 2024, Infobird acquired 65% of Pure Tech's equity. With the completion of the December transaction, Infobird will own 97% of Pure Tech. Pure Tech specializes in digital advertising and marketing campaigns, enhancing Infobird's market position in the maternal and infant vertical field.This strategic acquisition aims to expand Infobird's market reach and competitiveness, leveraging Pure Tech's expertise in digital marketing and intelligent customer service.

On December 6, 2024, Infobird entered into an equity acquisition agreement to acquire 32% of Pure Tech Global Limited for approximately $25.7M, including transaction costs. This acquisition will be funded by $19.8M in cash and a $5.9M senior convertible promissory note. The transaction is expected to close by January 2025.Previously, in November 2024, Infobird acquired 65% of Pure Tech's equity. With the completion of the December transaction, Infobird will own 97% of Pure Tech. Pure Tech specializes in digital advertising and marketing campaigns, enhancing Infobird's market position in the maternal and infant vertical field.This strategic acquisition aims to expand Infobird's market reach and competitiveness, leveraging Pure Tech's expertise in digital marketing and intelligent customer service.