Traccom Inc. Acquires Vulcain, Inc.
November 13, 2024
Traccom Inc. (TRCC) completed the acquisition of 100% of the capital stock of Vulcain, Inc., issuing 117,813,680 shares of Traccom common stock to Vulcain shareholders and making Vulcain a wholly owned operating subsidiary. The transaction gives Vulcain access to public markets (Pink Open Market) and capital to accelerate growth of its Causal AI and knowledge-management platform and expand into new end markets including insurance, healthcare and financial services.
- Buyers
- Traccom Inc.
- Targets
- Vulcain, Inc.
- Industry
- AI & Machine Learning
- Location
- Washington, United States
- Transaction Type
- Buyout
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