G2M Cap Corp. Plans Reverse Takeover of Wishpond’s SalesCloser AI Platform

November 07, 2025
G2M Cap Corp. announced a non-binding letter of intent for a qualifying transaction with Wishpond Technologies’ SalesCloser AI business, which will result in SalesCloser becoming a publicly listed company through a reverse takeover.

G2M Cap Corp. has signed a non-binding letter of intent for a qualifying transaction with Wishpond Technologies Ltd., involving its SalesCloser AI business, announced in a press release. The deal would see SalesCloser spun out into a new publicly traded company through a reverse takeover.

Under the proposed terms, G2M will acquire all issued and outstanding securities of SalesCloser in exchange for G2M securities. Following completion, Wishpond is expected to hold about 68% of the resulting company's shares.

The transaction remains subject to regulatory approvals and is anticipated to close by January 30, 2026. SalesCloser operates an AI-powered conversational platform designed to automate sales processes and has reported significant growth in annual recurring revenue.

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