NameSilo acquires ShortURL.at to expand link management, digital identity services

* NameSilo Technologies (OTCPK:URLOF [https://seekingalpha.com/symbol/URLOF]) subsidiary has acquired 100% of ShortURL.at, a top-ranked global link shortening platform.
* The acquisition supports NameSilo’s strategy to grow its internet infrastructure offerings and recurring revenue.
* ShortURL.at will soon integrate custom short link functionality using NameSilo’s domain and DNS infrastructure.
* A branded link platform is expected to launch within two weeks as part of the integration.
* NameSilo granted 1.03M stock options at $1.40/share (5-year term) and 750,000 RSUs to officers and management.
* RSUs will vest after one year, each converting to one common share upon vesting.
* Source: Press release [https://seekingalpha.com/pr/20211158-namesilo-technologies-announces-acquisition-of-shorturl-by-namesilo-llc-appointment-of-new]

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* Financial information for NameSilo Technologies [https://seekingalpha.com/symbol/URLOF/income-statement]