Spetz Inc. Makes Strategic Moves with Sonic Token Acquisition and App Business Divestiture

TORONTO, ON — In a series of strategic maneuvers, Spetz Inc. has made significant moves to reshape its business focus and investment strategy. The company, listed on the Canadian National Stock Exchange, has recently completed its first week of open-market purchases as part of a strategic digital asset accumulation program, acquiring approximately 3.35 million Sonic tokens. This acquisition, at an average cost of $0.56 CAD per token, totals $1.87 million CAD, bringing Spetz’s total holdings to 3.9 million Sonic tokens. The move underscores the company’s strong conviction in the potential of the Sonic blockchain as an emerging Layer 1 platform.

The acquisition of Sonic tokens is part of a broader strategy to pivot towards blockchain technology, aligning with the company’s recent divestiture of its legacy Spetz app business. On June 4, 2025, Spetz announced the sale of its Spetz app platform, along with all associated liabilities and subsidiaries, including its holdings in Spetz Tech Ltd. (Israel), to Mr. Josepf Nevo. This divestiture marks a significant shift in the company’s operational focus, allowing Spetz to streamline its operations and concentrate on its blockchain infrastructure subsidiary, SonicStrategy Inc.

The sale of the Spetz app business is a strategic move to eliminate legacy liabilities and refocus resources on the burgeoning blockchain sector. By divesting from its traditional app operations, Spetz is positioning itself to capitalize on the growth and innovation within the blockchain space. This transition is expected to enhance the company’s market position and drive future growth.

Despite these strategic shifts, Spetz Inc. continues to face financial challenges, as reflected in its recent financial metrics. The company’s close price on June 3, 2025, was 0.81 CAD, with a 52-week high of 1.1 CAD and a low of 0.05 CAD. The market capitalization stands at 29.62 million CAD, and the price-to-earnings ratio is currently negative at -2.61, indicating ongoing financial pressures.

As Spetz Inc. navigates these changes, the company’s leadership remains optimistic about the potential of its new strategic direction. The focus on SonicStrategy Inc. and the acquisition of Sonic tokens are seen as pivotal steps towards establishing a strong foothold in the blockchain industry. Investors and market observers will be closely watching how these strategic moves translate into long-term value creation for Spetz Inc.

In summary, Spetz Inc.’s recent activities highlight a clear strategic pivot towards blockchain technology, with significant investments in Sonic tokens and the divestiture of its legacy app business. These moves are expected to streamline operations and position the company for future growth in the rapidly evolving digital asset landscape.