Infrax Systems, Inc. Announces the Mi Pulpe Acquisition is Expected to Close the Week of July 25

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Jul 19, 2022

SPRING, TX / ACCESSWIRE / July 19, 2022 / Infrax Systems, Inc. (OTC PINK:IFXY) announced today that it expects its acquisition of Mi Pulpe LLC to close the week of July 25, 2022. All due diligence items have been completed and the final acquisition documents have been signed. The company also announced that it has completed the process of changing transfer agents. The acquisition will formally close once all bookkeeping items associated with the transfer of shares have been finalized on the company's official shareholder records. The acquisition is non-dilutive to current IFXY shareholders and will not require the issuance of any new stock.