News / IR
News / IR
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News
Reorganization and Strategic Priorities for e-BUS and INTELET Manufacturing
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The Company hereby announces a reorganization of its manufacturing operations and the establishment of strategic priorities for its e-BUS and INTELET businesses, as outlined below.
1. e-BUS Manufacturing
The Company will commence the development of a manufacturing facility for electric buses, including city buses for public transportation and electric minibuses, in line with its original business objectives.
In addition to manufacturing complete electric buses, the facility will serve as a supply base for electric bus components and parts. These components will be supplied to assembly plants to be established and operated by the Company’s business partners in Saudi Arabia and Morocco, where final vehicle assembly will be carried out.
Through this structure, the Company intends to establish an efficient international manufacturing and supply network supporting the expansion of its e-BUS business in the Middle East and North Africa.
2. INTELET Manufacturing
In light of the current political circumstances between China and India, the Company has decided to manufacture the main toilet units for INTELET in India.
The INTELET manufacturing facility will be established within the Company’s e-BUS manufacturing plant, allowing the Company to consolidate its manufacturing infrastructure and improve operational efficiency.
3. Capital Increase and Reverse Merger
As the first phase of this reorganization and implementation of the Company’s revised manufacturing strategy, the Company plans to raise US$20 million through a capital increase.
Following the capital increase, the Company intends to promptly proceed with the execution of a reverse merger.
These initiatives represent the first stage of the Company’s strategy to strengthen its manufacturing platform, expand its international supply network, and accelerate the commercialization of its e-BUS and INTELET businesses.
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News
Request for Cooperation with KYC Procedures
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To our valued shareholders:
We kindly request your cooperation with KYC (Know Your Customer) procedures. Thank you
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News
Subject: KYC
- In preparation for the stock exchange with a listed company, we will send documents to each shareholder and warrant holder for KYC purposes to be completed.
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News
a JV after an M&A of a listed company - An Exciting Future Ahead
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Dear Our Investors
We have entered the final stage of the joint venture, following our acquisition of a majority stake in a listed company, which we have been working on since last year.
We expect to complete the acquisition on either May 27, 28, or 29, 2026, or June 1, 2, or 3, 2026.
Thank you for your support
Sincerely,
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News
Re: The first step to the United States
- We have begun selecting a candidate site for the first INTELET to be donated to the City of San Francisco.
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News
Re:Acquisition of a listed company
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Our company has been pursuing the acquisition of a targeted publicly listed company with a view toward further growth.
As you may have seen in recent news reports, the United States has imposed high tariffs on imports from India. Meanwhile, in India, our products are classified as imports from the United States. Traditionally, India has applied low tariff rates to public health–related products in order to meet domestic demand.
However, during the customs clearance process for our first intelligent toilet unit in India, uncertainty arose on the Indian side regarding product classification, resulting in a seven-month delay.
Now that this issue is expected to be resolved, we will accelerate our M&A activities
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News
INTELET Welcomes Nippon Steel and Tachigami Steel Works as Strategic Manufacturing Partners
- INTELET is pleased to announce that Nippon Steel Corporation and Tachigami Steel Works CO., LTD. have officially joined as manufacturing partners in our large-scale Smart Toilet Project in India. As part of INTELETʼs mission to deliver high-quality, sustainable sanitation infrastructure, the participation of Nippon Steel—Japanʼs leading steelmaker with unmatched global expertise—and Tachigami Steel Works, renowned for its advanced engineering and manufacturing capabilities, represents a significant milestone in strengthening our production framework. Through this strategic collaboration, INTELET will ensure world-class quality and reliability in the manufacturing of smart toilet systems, supporting Indiaʼs urgent demand for safe, hygienic, and eco-friendly sanitation solutions. This partnership marks a major step toward scaling our operations, fulfilling the projectʼs target of deploying hundreds of thousands of units across India, and advancing INTELETʼs vision of building sustainable, circular infrastructure that integrates technology, environment, and society. We are honored to work together with Nippon Steel and Tachigami Steel Works, and we look forward to accelerating the global expansion of our Smart Toilet initiative.
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News
Re: Dual Listing
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Our Official Announcement
Re: Dual Listing
With the growth strategy of dual listing, ETARN will reach even greater heights
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News
Re: ETARN LISTING
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Our Official Announcement
Re: ETARN LISTING
Countdown begins for BingX & Poloniex listings.
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News
Re: The M&A agreement concluded
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Re: The M&A agreement concluded
Due to the confidentiality agreement, we refrain from disclosing this information as it contains sensitive information related to listing.
We will disclose the details as soon as all procedures are completed.
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News
Regarding the listing on OTC market
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Regarding the listing on OTC market,
Our legal counsel is currently taking some time to complete the final steps.
This is expected to take about a week.
We will be able to inform you of the listing schedule in the first week of February.
Thank you
Sincerely yours.
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News
Our Website is Now Live!
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We are thrilled to announce the launch of our official website! This new platform is designed to offer you a seamless experience in learning about our services, exploring our updates, and connecting with us.
Visit our website here: https://intelet.com/
We hope this site becomes a valuable resource for you, and we’d love to hear your thoughts and suggestions.
Thank you for your continued support as we embark on this exciting new chapter.
Best regards