Great Estate Blockchain terminates home engineering business acquisition, divests 50.1% stake

VAYCAYCHELLA INC

VAYK

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Great Estate Blockchain terminated its deal for a 50.1% stake in a home engineering business, divesting the interest.
The unit generated more than USD 2 million of the company’s roughly USD 2 million revenue in 2025.
The unwind followed a valuation-adjustment clause tied to revenue above USD 1.5 million, which would have required issuing substantial additional shares.
Jason Armstrong resigned as CEO; project manager Paula Wang was appointed interim CEO effective immediately.
The company plans to remain public while evaluating new strategic partnerships and potential acquisitions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Great Estate Blockchain Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606151755PRIMZONEFULLFEED9747383) on June 15, 2026, and is solely responsible for the information contained therein.

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