FOR IMMEDIATE RELEASE
Apple iSports Signs Letter of Intent to Acquire AmeriCrew Inc.
Irvine, CA, May 15, 2025
Apple iSports Group, Inc. (OTC-QB: AAPI) (“Company” or “Apple iSports”), an entertainment, media, iGaming, and technology services company, is pleased to announce it has signed a non-binding Letter of Intent with AmeriCrew Inc., a Delaware corporation (“AmeriCrew”), a technology infrastructure and managed services company.
Key Highlights
- AmeriCrew will sell all its assets, including existing operating contracts, to Apple iSports.
- The Board of Directors of both AmeriCrew and Apple iSports unanimously approved the proposed transaction, which is expected to close in the third quarter of 2025, subject to any regulatory approvals, approval by the AmeriCrew shareholders, and the satisfaction of closing conditions in the definitive agreement to be agreed upon by the parties.
- AmeriCrew will continue to operate under its brand and will be led by Mr. Kelley Dunne, the current CEO of AmeriCrew.
- The Board of Directors of Apple iSports will apply its significant management skills and industry relationships to assist AmeriCrew to achieve its business strategies and expansion efforts.
- The purchase price is payable in a combination of cash and shares of common stock of Apple iSports on terms determined by the parties.