DataMetrex to Acquire Yuzu Payment Solution from Firstpayment

DataMetrex AI Limited has announced a definitive agreement to acquire Yuzu, a payment processing solution, from Firstpayment Inc. This transaction is valued at $5.5 million, with the purchase price paid through the issuance of 55,000,000 common shares of DataMetrex. Following the transaction, Michael Kron, CEO of Firstpayment, is expected to join DataMetrex's Board of Directors and become COO of Paymetrex.

The transaction is set to close on December 17, 2025, subject to customary conditions, including approval from TSXV. The completion of the transaction will release funds from a private placement to integrate Yuzu into DataMetrex's technology division and pursue merchant opportunities. DataMetrex focuses on technology solutions, artificial intelligence, and healthcare, aiming to enhance operational efficiencies and business outcomes.