NEW YORK - July 16, 2025 (NEWMEDIAWIRE) - Telvantis Inc. (OTC: $RDAR) (“Telvantis” or the “Company”), today announced that it has settled the entire note balance with JanBella Group, LLC (“JanBella”), the prior controlling shareholder of RDAR. As announced in May 2025, the original obligation was first reduced and has now been paid in full. Consequently, no further obligations are due to debtors related to the acquisition of the controlling interest in RDAR by Mexedia SPA last year.
“This is the final step to close all remaining obligations from the acquisition of RDAR last year,” said Daniel Contreras, CEO of Telvantis. “With the recently announced binding LOI to acquire AmeriCrew and the tremendous commercial momentum in June 2025, closing this chapter is a great start to the second half of the year,” Mr. Contreras added.
“This milestone confirms our strong commitment to this company and to its shareholders. We remain very excited about our prospects and will continue building this company with relentless focus,” said Daniel Gilcher, CFO of Telvantis. Mr. Gilcher extended his comments by expressing the Company’s gratitude to JanBella, for working to a mutually beneficial outcome.
About Telvantis
Telvantis Inc. (OTC: $RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL.
Forward-looking statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis’ current expectations regarding future events and are based on management’s beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Investor Relations contact
Telvantis Inc.
1680 Michigan Avenue, Suite 700
Miami Beach, FL 33139
Email: ir@telvantis.com
Website: www.telvantis.com
Twitter/X: @Telvantis
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