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High Wire Networks Announces Intent to Acquire Elevation Aerospace

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High Wire Networks Announces Intent to Acquire Elevation Aerospace

Meet Your ETF AI Analyst

High Wire Networks ( (HWNI) ) has shared an update.

High Wire Networks, Inc. announced a non-binding Letter of Intent on September 25, 2025, to acquire 100% ownership of Elevation Aerospace Inc. through an equity exchange, ensuring the continuation of Thoth Aerospace’s management and employees. Previously, on August 13, 2025, High Wire Networks and its subsidiaries completed the sale of their Managed Security Services and Voice Network divisions to Tego Cyber Inc., receiving shares of Tego Cyber’s Series B Preferred Stock and settling certain liabilities. Helena Global Investment Opportunities 1 Ltd., the senior secured lender, provided a limited release of its security interests in the conveyed assets in exchange for Series A Preferred Stock, retaining interest in remaining assets until full debt repayment.

The most recent analyst rating on (HWNI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on High Wire Networks stock, see the HWNI Stock Forecast page.

Spark’s Take on HWNI Stock

According to Spark, TipRanks’ AI Analyst, HWNI is a Underperform.

High Wire Networks Inc is facing severe financial difficulties, with negative profit margins, declining revenues, and high leverage. Technical analysis indicates a strong bearish trend, with the stock trading below all major moving averages and technical indicators suggesting oversold conditions. Valuation is poor due to negative earnings and lack of dividend yield. These factors collectively result in a low overall stock score.

To see Spark’s full report on HWNI stock, click here.

More about High Wire Networks

Average Trading Volume: 5,685

Technical Sentiment Signal: Sell

Current Market Cap: $361.7K

For detailed information about HWNI stock, go to TipRanks’ Stock Analysis page.

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