$UGIZ GBS Capital Signs Letter of Intent to Acquire Unique

New Post Public Reply Private Reply Replies (0) Message Board
louied91
150
$UGIZ GBS Capital Signs Letter of Intent to Acquire Unique Global Innovative Solutions Corporation

https://www.otcmarkets.com/stock/UGIZ/news/?id=533566  

GBS Capital Signs Letter of Intent to Acquire Unique Global Innovative Solutions Corporation

Company to Be Refocused as an Emerging Oil and Gas Services Enterprise



PITTSBURGH, September 1, 2026 (World News) — GBS Capital today announced that it has signed a Letter of Intent (“LOI”) to acquire Unique Global Innovative Solutions Corporation (OTCPK: UGIZ) (“UGIZ” or the “Company”). Under the contemplated transaction, GBS Capital would work to restructure and refocus UGIZ as an emerging public company centered on the oil and gas services industry.

The proposed acquisition reflects GBS Capital’s conviction that the energy services sector offers a compelling platform for building durable, cash-generative operations. Following completion of the transaction, GBS Capital intends to reconstitute UGIZ’s strategic direction toward the acquisition and development of businesses that provide essential products and services to the upstream oil and gas market.

A Strategic Pivot Toward Energy Services

Oil and gas services companies occupy a critical position in the energy value chain, supplying the specialized equipment, technology and technical expertise that operators depend on to explore, develop and produce hydrocarbons efficiently. GBS Capital believes this segment presents an attractive combination of recurring demand, established customer relationships and opportunities for margin expansion through operational discipline and consolidation.

The energy services industry has demonstrated resilience across market cycles, driven by sustained global demand for reliable energy and the ongoing need to maintain, service and enhance existing production infrastructure. GBS Capital views a refocused UGIZ as well positioned to participate in this environment as a nimble, growth-oriented public vehicle.

Javier Sanguino García Named Chief Executive Officer Upon Closing

In connection with the proposed transaction, GBS Capital announced that Javier Sanguino García will be named Chief Executive Officer of the Company upon closing of the acquisition.

Mr. Sanguino is a civil engineer and energy executive with more than 30 years leading oilfield services, engineering and industrial operations across Venezuela, Colombia, Mexico, Spain and the United States. From 2007 to 2016, he served as Chief Executive Officer and President of Sepesa — ServiciosPetroleros, S.A., a full-service oilfield services company supporting upstream petroleum production in Venezuela, where he held full P&L responsibility for a $50 million-plus business and directed multidisciplinary teams spanning engineering, field operations and logistics. He went on to take Sepesa into Colombia (2012–2018), building that operation, assembling its team and winning its first clients from a standing start. During the same period in Venezuela, Mr. Sanguino also served as Director-Gerente of COSA — Consultores de Occidente Ingeniería (2010–2018), directing engineering and infrastructure projects across the country's energy and industrial sectors.

Mr. Sanguino is currently founder and Managing Director of WPR Global and Wise Fuel, two Latin America-focused ventures advising international capital and operators on market entry, regulatory exposure and on-the-ground execution across the region.

GBS Capital believes Mr. Sanguino's direct operating history in Venezuela and long-standing relationships with operators in the country position the Company to move efficiently as it pursues the Venezuela strategy described below.

A United States Foundation, With an Eye Toward Venezuela

GBS Capital intends to establish the platform first as a United States oil and gas services roll-up, targeting service companies operating in Texas and other major domestic basins. This domestic foundation is designed to assemble operating businesses with proven cash flow, established customer relationships and experienced management teams before pursuing any expansion beyond U.S. borders.

In parallel, and building on the extensive Venezuela experience and relationships of incoming Chief Executive Officer Javier Sanguino García, GBS Capital intends to establish operations in Venezuela following the closing of its initial acquisition. GBS Capital believes Venezuela represents a significant long-term opportunity within the global oil and gas services market, and Venezuela is expected to be a primary area of focus for the refocused Company. Upon closing of the initial acquisition, the Company will seek to promptly establish an office in Venezuela and will draw on Mr. Sanguino's long-standing relationships with operators in the country to pursue service opportunities with current operators and with the new oil and gas projects recently announced in Venezuela.

Building Long-Term Value

GBS Capital intends to pursue a disciplined strategy of identifying and integrating operating businesses within the oil and gas services sector, with an emphasis on companies that offer proprietary capabilities, strong margins and clear paths to scale. By reconstituting UGIZ around this focus, GBS Capital aims to create a differentiated platform capable of delivering meaningful long-term value for shareholders.

The proposed transaction remains subject to confirmatory due diligence, negotiation and execution of definitive agreements, required corporate approvals and other customary closing conditions
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Baidu Faces Class Action: Investors Push Against Fraud Allegations

Updated Category News Views 3

Baidu Under Fire for Alleged Misleading Statements Here's a fresh slice of drama straight outta the corporate trenches: Baidu, Inc. (NASDAQ: BIDU) finds itself tangled in a securities fraud lawsuit that’s causing a ruckus across investor circles. Schall, Brown & Schwartz LLP, those heavyweight gladiators in shareholder rights, are calling on grieved investors to step up...

Continue Reading
Taiwan Excellence Sparks Smart Automotive Innovation at SEMA

Updated Category News Views 0

Taiwan's making waves, folks, and it's not your everyday splash in the automotive pool. At SEMA 2026, Taiwan Excellence Pavilion is the place to be with its array of intelligent automotive solutions. This ain't just your run-of-the-mill car show gimmickry—it's the future rolling in real-time. Driving Innovation: From Components to Smart Systems The name of the game is...

Continue Reading
Workday Hits High Note in 2026 Gartner Magic Quadrant

Updated Category News Views 3

Workday Secures Leadership Position In a wild ride that's left investors with whiplash in recent years, Workday (NASDAQ: WDAY) has firmly planted its flag at the top tier of the 2026 Gartner® Magic Quadrant™ for Cloud ERP Finance. This announcement out of Pleasanton, California, resonates like a victory bell for the company's finance management solutions—a mix of AI,...

Continue Reading
Spooky Suds: House of Horror Meets El Car Wash

Updated Category News Views 7

A Haunted Wash Awaits Miami Drivers Picture this: you're cruising down West Flagler on a regular Wednesday evening, but tonight, you're not just rolling in for a rinse. Nope, this Wednesday night, the wash tunnel at El Car Wash gets downright spooky. It's getting a haunted house makeover with scare actors from the House of Horror. When a Car Wash Becomes a Haunted...

Continue Reading
New Jersey Homeowners Face Mold Risks in Crawl Spaces

Updated Category News Views 0

Understanding the Invisible Threat of Crawl Space Mold Crawl space mold—it hides in the shadows beneath your home, biding its time until it wreaks havoc on indoor air quality. In the context of New Jersey's environmental quirks, this isn't a trivial concern. With humidity hanging around like an unwanted guest and sneaky water intrusions, those dark nooks under houses...

Continue Reading
TilePix Expands into Walmart with Nail-Free Decor Launch

Updated Category News Views 3

TilePix Makes Big Moves with Walmart TilePix is launching their new line of nail-free wall décor at Walmart—this ain’t your grandma’s wall art. This company's bringing their magnetic, nail-free wizardry to retail stores nationwide for the first time, and they’ve chosen a real heavyweight partner—Walmart. What comes in the package? Well, they’re dealing in...

Continue Reading
CorePower Yoga Expands in Miami with New Studios

Updated Category News Views 1

Greasing the Wheels of Miami's Wellness Scene If you're living under a rock, you might not have noticed, but CorePower Yoga is making some serious moves in Miami. We're talking about two new studios opening their doors: one in Midtown Miami, already rolling out the mats as of October 19, and another flagship joint soon to hit Coral Gables. Clearly, they see the demand for...

Continue Reading
Art Print Paper: Finding the Perfect Match for Masterpieces

Updated Category News Views 0

You ever stand in a gallery and notice how some art just lights up the room while others barely get a second glance? Well, a lot of that magic starts with an unsung hero—paper choice. I came across this bit from HelloNation diving into what makes paper selection a cornerstone for fine art prints. Now, I ain't an artist, but even a bruiser trader like me can see the...

Continue Reading
Firmable's Tech Intelligence: New Edge in B2B Sales

Updated Category News Views 0

New Era for B2B Sales Teams Once again, the B2B sales landscape is getting a jolt—especially for those who’ve been fumbling in the dark pitching to prospects without any real idea of their tech environment. With the introduction of Firmable's Tech Intelligence, those blind days just got a lot brighter. By offering detailed insights into what technologies a company is...

Continue Reading
D2L Ventures into Vietnam with Van Lang Alliance

Updated Category News Views 0

Unlocking New Frontiers in Vietnam's Education Well, looks like D2L is rolling into Vietnam with the kind of gusto you'd expect from a company that fancies itself a trailblazer in learning tech. This ain't just another humdrum expansion story; it's a five-year handshake with Van Lang Education Group that's got the tech firm dropping its anchor in a fresh and promising...

Continue Reading

Top 5 Most Recently Viewed Articles

C. Shawn Bookin Joins Star Mountain Capital as Senior Advisor

Updated Category News Views 144

Top Investment Executive C. Shawn Bookin Joins Star Mountain Capital Star Mountain Capital, a specialized investment manager with more than $4 billion in assets under management, is excited to announce the addition of C. Shawn Bookin as Senior Advisor. Mr. Bookin, with approximately 35 years of extensive institutional investing experience, will enhance the firm's...

Continue Reading
Upcoming Highlights of the Emerging Growth Conference 2024

Updated Category News Views 62

Exciting Features of the Emerging Growth Conference The Emerging Growth Conference serves as a key platform for small-cap companies, allowing them to share their unique stories. This annual event not only showcases innovation but also fosters meaningful connections between emerging businesses and potential investors. Conference Overview The 75th edition of the Emerging...

Continue Reading
RTX Secures Major FAA Contract to Transform Air Traffic Management

Updated Category News Views 143

Major Contract Win for RTX Corporation RTX Corporation (NYSE: RTX) has recently made headlines by securing a groundbreaking contract with the Federal Aviation Administration (FAA) valued at $438 million. This deal represents a significant leap forward in the realm of defense and aviation technologies, marking a pivotal moment in the company's journey. Details of the $438...

Continue Reading
FlexScreen Partners with Quaker Windows for Innovation

Updated Category News Views 124

FlexScreen Partners with Quaker Windows & Doors FlexScreen is thrilled to announce its latest licensing agreement with Quaker Windows & Doors, a recognized leader in manufacturing high-quality residential, luxury, and commercial window and door products. This collaboration will allow Quaker to integrate FlexScreen's innovative and patented flexible screen technology into...

Continue Reading
The Transformative Growth of Artificial Intelligence Market

Updated Category News Views 361

Understanding the Growth of the Artificial Intelligence Market The global artificial intelligence (AI) market is experiencing remarkable growth, having been valued at USD 638.23 billion recently. Projections indicate it will soar to USD 3,680.47 billion by 2034, which reflects a compound annual growth rate (CAGR) of 19.20% from now until then. Organizations are...

Continue Reading