M&A - WORLD HEALTH ENERGY HOLDINGS, INC.
Form Type: 10-K
Filing Date: 2025-04-15
Corporate Action: Acquisition
Type: New
Accession Number: 000164117225004775
Filing Summary: World Health Energy Holdings, Inc. (WHEN) is primarily engaged in global telecom and cybersecurity technology. The company operates through its Israeli subsidiary, RNA Ltd., focusing on cybersecurity solutions, and its Polish subsidiary, CrossMobile, offering telecom services across Europe. On April 27, 2020, WHEN completed a reverse triangular merger, placing the company in a stronger position. In recent acquisitions, WHEN purchased a 26% stake in Instaview Ltd. for image processing technologies on February 26, 2023. Furthermore, the company acquired a 51% stake in CrossMobile, boosting its presence in European telecom. Recent strategic agreements, including those with Intent HQ Limited and Terra Zone Ltd., involve substantial share issuances and collaborations focused on advancing cybersecurity technologies. The company aims to integrate its offerings to enhance value for business and consumer customers, thus positioning itself as a significant player in both the telecom and cybersecurity sectors.
Additional details:
Business Segment: cybersecurity
Business Segment: telecom
Merger Details: Reverse triangular merger completed on April 27, 2020
Investment Agreement: Agreement for a 51% stake in CrossMobile
Stake In Instaview: 26% stake acquisition in Instaview
Recent Acquisition: CrossMobile acquired for additional shares
Perpetual License Agreement Details: Agreement with Intent HQ for a perpetual license granted, issuing 25,038,272,832 shares
Collaboration With Terra Zone: Agreement with Terra Zone to develop joint cybersecurity solutions, issuing 5,000,000,000 shares
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