Telvantis Settles Remaining Note Obligation With Prior Controlling Shareholder
July 16th, 2025 12:00 PM
By: Newsworthy Staff
Telvantis Inc. has fully settled its note balance with JanBella Group, LLC, marking the end of obligations related to the acquisition of RDAR and signaling a strong start to the second half of 2025.
Telvantis Inc. (OTC: $RDAR) has announced the settlement of the entire note balance with JanBella Group, LLC, the prior controlling shareholder of RDAR, effectively closing all remaining obligations from the acquisition of RDAR last year. This move follows the reduction of the original obligation announced in May 2025 and underscores the company's commitment to its shareholders and future growth. Daniel Contreras, CEO of Telvantis, highlighted the significance of this milestone in conjunction with the company's recent binding LOI to acquire AmeriCrew and its commercial momentum in June 2025. Daniel Gilcher, CFO, expressed gratitude towards JanBella for achieving a mutually beneficial outcome and reiterated the company's focus on building a leading communications technology firm.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
