New Generation Consumer Group Signs LOI to Acquire 51% Interest in Spiritual Glow Digital Brand; Expands Digital Portfolio Led by The RAADR APP Cyberbullying Platform
By:
ACCESS Newswire
November 20, 2025 at 09:15 AM EST
PHOENIX, AZ / ACCESS Newswire / November 20, 2025 / New Generation Consumer Group, Inc. (OTCID:NGCG) today announced that it has signed a Letter of Intent (LOI) to acquire a 51% controlling interest in the digital assets and operations of Spiritual Glow, a digital-first brand held through a joint venture in which Full Alliance Group, Inc. (OTCID:FAGI) owns a 51% stake. The proposed acquisition marks the continued expansion of NGCG's fully digital business model, operated through its technology subsidiary, Signature Apps Inc., which develops and deploys advanced consumer and industry-focused applications. NGCG: A Digital-Only Company Scaling High-Utility Apps NGCG's business focuses exclusively on digital platforms, mobile applications, and data-driven consumer technologies. The company does not produce or sell physical products. Through Signature Apps Inc., NGCG delivers cutting-edge industry apps designed to enhance safety, communication, and digital intelligence across multiple sectors. At the core of the portfolio is the company's flagship application: RAADR - Real-Time Cyberbullying & Online Safety Platform The RAADR App, championed by CEO Jacob DiMartino, empowers users with:
RAADR remains the anchor of NGCG's digital-app ecosystem, reflecting the company's commitment to precision, safety, and user-centric innovation. Strategic Fit: Spiritual Glow as a Digital-First Expansion The proposed acquisition of Spiritual Glow complements NGCG's digital strategy by adding a creative digital brand with emerging audience momentum in the online wellness and mindset space. While Spiritual Glow does not produce physical goods, its digital presence, content-driven engagement, and brand identity offer growth potential within Signature Apps' expanding technology ecosystem. NGCG plans to integrate Spiritual Glow into its broader digital framework, enabling:
Transaction Overview The LOI, comprises of:
Upon closing:
The transaction provides immediate value participation for the seller while aligning long-term growth incentives. Leadership Commentary "NGCG is a digital-only company, and this LOI represents another important step in expanding our technology portfolio," said Jacob DiMartino, CEO of New Generation Consumer Group. "Through Signature Apps, we are committed to developing digital tools that improve safety, communication, and personal empowerment. RAADR remains our flagship app, and the addition of a digital brand like Spiritual Glow aligns perfectly with the forward-thinking experiences we are designing." Next Steps Both parties will now proceed with:
Upon completion, the acquisition will increase NGCG's digital footprint and broaden the company's technology roadmap under Signature Apps Inc. About New Generation Consumer Group, Inc. Forward-Looking Statements: Contact: SOURCE: Signature Apps View the original press release on ACCESS Newswire More NewsView More
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