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Telforge

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uuid00q3nky

Namestring
Telforge
Legal namestring
Telforge, Inc.
Websiteurl
telforge.com
Company typeenum
Private
Founded yearstring
-
Descriptiontext

Telforge, Inc. is a Nevada-based private telecommunications company that operates a cloud-based voice, SMS, and data communications platform targeting wholesale telecom carriers, resellers, and enterprise infrastructure buyers in the U.S. market. Its core offering, the Telforge Cloud Communications Platform, bundles three service modules—Telforge Voice Services (wholesale voice termination and performance management), Telforge SMS/Messaging Services, and Telforge Data Services—delivered from Nevada-based infrastructure. Backend operational capabilities include wholesale switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation, the last of which is executed under a twelve-month infrastructure services agreement with Nixxy covering up to $60M of managed telecommunications traffic.

Telforge generates revenue primarily through usage-based telecom traffic services (voice, SMS, data) and managed services tied to wholesale voice performance, with backend infrastructure delivered under a fixed monthly service fee arrangement to Nixxy. Its go-to-market is enterprise/wholesale field sales, with distribution via wholesale carrier relationships and, post-acquisition, through FingerMotion's (NASDAQ: FNGR) parent network channel. No public pricing tiers or tiered subscription models are disclosed; the company's pricing model is opaque outside the Nixxy contract context.

On 2026-03-19, Telforge entered a share exchange agreement to be acquired by FingerMotion, with consideration of up to 7,333,333 FingerMotion common shares (2,333,333 at closing and 5,000,000 in milestone escrow tied to $2.5M and $5M revenue/secured-contract-value earnouts). The acquisition remains subject to customary closing conditions and is intended to expand FingerMotion's U.S. telecommunications footprint and scale communication traffic across voice, SMS, and data services. No founding date, headcount, pre-acquisition funding rounds, or disclosed revenue figures are available in the input material, which limits visibility into Telforge's historical operating trajectory.

Short descriptiontext

Telforge is a Nevada-based private cloud telecom provider offering wholesale voice, SMS, and data communication services to U.S. carriers and resellers, pending acquisition by FingerMotion (NASDAQ: FNGR) and backed by a Nixxy infrastructure services contract covering up to $60M in traffic.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersNevada, United States
HQ citystring
Nevada
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
wholesale voice services, cloud communications platform, SMS messaging services, telecom infrastructure, wholesale telecommunications
Industry2 codes
1Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects)
CodeHDAIAFAFPrimaryYes
2Cloud PBX & Hosted Telephony
CodeHDAIAHABPrimaryNo
NAICS code1 code
  • Wired and Wireless Telecommunications (except Satellite)5171
SIC code2 codes
  • Telephone Communications (No Radiotelephone)4813
  • Computer Communications Equipment3576
Product category
Wholesale Telecommunications Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Telecom traffic services
TypeUsage Based
Description

Revenue generated from scaled communication traffic across voice, SMS, and data services in the U.S. market, tied to usage volumes on cloud communications infrastructure.

pulse2.com
2Wholesale voice termination
TypeManaged Services
Description

Wholesale voice performance services, with rate negotiations, settlement reconciliation, and invoice validation forming the core revenue-generating activities.

tipranks.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Operations, Infrastructure, Personnel
Pricing details1 tier
1Fixed monthly service fee for managed infrastructure services
ModelOtherBilling cadenceMonthly
Notes

Nixxy is paid a fixed monthly service fee for backend operational support; Telforge's own pricing model is not publicly disclosed beyond the deal context of up to $60M in managed traffic.

tipranks.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Telforge operates a cloud-based, enterprise-grade communications platform delivering wholesale voice, SMS, and data telecommunications services to carriers, resellers, and enterprise telecom buyers in the U.S. market. The platform is anchored by Nevada-based infrastructure and bundles voice termination, messaging, and data services with backend operational capabilities including switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Up to $60M in telecommunications traffic managed via Nixxy infrastructure services agreement
+1 more record
Product overview1 text field

Telforge operates as a single unified cloud-based communications platform offering a portfolio of telecommunications services delivered from Nevada. The core Telforge Cloud Communications Platform bundles three primary service modules — Telforge Voice Services, Telforge SMS/Messaging Services, and Telforge Data Services — which together enable the company to scale carrier-grade communication traffic (voice, SMS, and data) across the U.S. market. The platform is supported by backend operational capabilities including wholesale voice performance management, switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation, the last of which is delivered via a twelve-month infrastructure services contract with Nixxy covering up to $60 million in telecom traffic.

Product and service4 records
1Telforge Cloud Communications Platform
CategoryCore platform
2Telforge Voice Services
CategoryTelecom service module
3Telforge SMS/Messaging Services
CategoryTelecom service module
4Telforge Data Services
CategoryTelecom service module
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-19
Description

FingerMotion signed a share exchange agreement to acquire Telforge, Inc. Under the deal, Telforge shareholders will receive up to 7,333,333 shares of FingerMotion common stock, with 2,333,333 released at closing and 5,000,000 milestone shares held in escrow tied to revenue and contract value targets ($2.5M in first period, $5M in second period). The acquisition is intended to expand FingerMotion's geographical presence, enhance its telecommunications infrastructure, and scale communication traffic across voice, SMS, and data services in the U.S. market.

Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-03-19
Description

Nixxy signed a twelve-month infrastructure services agreement with Telforge to manage up to $60M of Telforge's 2026 telecommunications traffic. Nixxy will provide backend operational support including wholesale voice performance, switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation in exchange for a fixed monthly service fee. The engagement is expected to generate an estimated incremental operational benefit of approximately $20K per month for Nixxy.

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Vonage, now part of Ericsson, provides CPaaS APIs for voice, SMS, and messaging alongside broader UCaaS offerings. Its API/SDK and wholesale capabilities overlap with Telforge's cloud voice and SMS services.

TypeDirect peer
Description

Telnyx is a cloud-native communications platform offering wholesale voice, SMS, and data services over its private IP network. Its carrier-grade positioning and U.S. focus make it a directly comparable peer to Telforge.

TypeBroad incumbent
Description

8x8 is a publicly traded cloud communications provider offering voice, messaging, and contact center services. It competes broadly with Telforge's cloud communications platform in the U.S. enterprise and wholesale segments.

TypeBroad incumbent
Description

Twilio is a global cloud communications platform offering voice, SMS, and data APIs to enterprises. It competes broadly with Telforge's wholesale and cloud communications services, though Twilio's primary GTM is API/developer-led rather than wholesale carrier-grade.

TypeDirect peer
Description

IntelePeer provides wholesale voice, SMS, and UCaaS services to carriers and enterprises with a focus on switching, routing, and settlement operations — capabilities that closely mirror Telforge's backend operational stack.

TypeBroad incumbent
Description

Sinch is a global CPaaS provider with strong wholesale messaging and voice carrier relationships. It overlaps with Telforge's wholesale SMS and voice offerings, particularly in the U.S. carrier market.

TypeDirect peer
Description

Voxology is a niche cloud-based communications provider focused on carrier-grade voice, messaging, and programmable communications APIs, comparable in scale and product mix to Telforge's wholesale focus.

TypeDirect peer
Description

Bandwidth is a publicly traded CPaaS and wholesale voice/SMS provider serving carriers and enterprises in the U.S. It directly competes with Telforge in wholesale voice termination and messaging services using cloud-native infrastructure.

TypeBroad incumbent
Description

FingerMotion (NASDAQ: FNGR) is acquiring Telforge and operates telecom and insurtech businesses in the U.S. and Asia. Post-acquisition it becomes Telforge's parent and operating network, providing wholesale telecom distribution that overlaps with Telforge's customer base.

TypeDirect peer
Description

Plivo offers cloud-based voice and SMS APIs and wholesale messaging services targeting carriers and enterprises, overlapping with Telforge's wholesale voice and SMS modules.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Telforge

Wholesale Telecommunications Servicestelforge.com

Telforge is a Nevada-based private cloud telecom provider offering wholesale voice, SMS, and data communication services to U.S. carriers and resellers, pending acquisition by FingerMotion (NASDAQ: FNGR) and backed by a Nixxy infrastructure services contract covering up to $60M in traffic.

What Telforge does

Telforge, Inc. is a Nevada-based private telecommunications company that operates a cloud-based voice, SMS, and data communications platform targeting wholesale telecom carriers, resellers, and enterprise infrastructure buyers in the U.S. market. Its core offering, the Telforge Cloud Communications Platform, bundles three service modules—Telforge Voice Services (wholesale voice termination and performance management), Telforge SMS/Messaging Services, and Telforge Data Services—delivered from Nevada-based infrastructure. Backend operational capabilities include wholesale switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation, the last of which is executed under a twelve-month infrastructure services agreement with Nixxy covering up to $60M of managed telecommunications traffic.

Telforge generates revenue primarily through usage-based telecom traffic services (voice, SMS, data) and managed services tied to wholesale voice performance, with backend infrastructure delivered under a fixed monthly service fee arrangement to Nixxy. Its go-to-market is enterprise/wholesale field sales, with distribution via wholesale carrier relationships and, post-acquisition, through FingerMotion's (NASDAQ: FNGR) parent network channel. No public pricing tiers or tiered subscription models are disclosed; the company's pricing model is opaque outside the Nixxy contract context.

On 2026-03-19, Telforge entered a share exchange agreement to be acquired by FingerMotion, with consideration of up to 7,333,333 FingerMotion common shares (2,333,333 at closing and 5,000,000 in milestone escrow tied to $2.5M and $5M revenue/secured-contract-value earnouts). The acquisition remains subject to customary closing conditions and is intended to expand FingerMotion's U.S. telecommunications footprint and scale communication traffic across voice, SMS, and data services. No founding date, headcount, pre-acquisition funding rounds, or disclosed revenue figures are available in the input material, which limits visibility into Telforge's historical operating trajectory.

Telforge firmographics

Firmographics
Name
Telforge
Legal name
Telforge, Inc.
Website
https://telforge.com
Company type
Private
Operating status
Operating
Short description
Telforge is a Nevada-based private cloud telecom provider offering wholesale voice, SMS, and data communication services to U.S. carriers and resellers, pending acquisition by FingerMotion (NASDAQ: FNGR) and backed by a Nixxy infrastructure services contract covering up to $60M in traffic.
Ownership category
akta.pro rank

Telforge industry classification

Industry
Product category
Wholesale Telecommunications Services
NAICS
Wired and Wireless Telecommunications (except Satellite) (5171)
SIC
Telephone Communications (No Radiotelephone) (4813), Computer Communications Equipment (3576)
akta.pro primary industry
Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects) (HDAIAFAF)
akta.pro secondary industry
Cloud PBX & Hosted Telephony (HDAIAHAB)

Keywords

  • Wholesale voice services
  • Cloud communications platform
  • SMS messaging services
  • Telecom infrastructure
  • Wholesale telecommunications

Where Telforge is headquartered

Location

Headquarters

HQ city
Nevada
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Telforge business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Operations, Infrastructure, Personnel

Revenue model

  1. Telecom traffic services: Revenue generated from scaled communication traffic across voice, SMS, and data services in the U.S. market, tied to usage volumes on cloud communications infrastructure.
  2. Wholesale voice termination: Wholesale voice performance services, with rate negotiations, settlement reconciliation, and invoice validation forming the core revenue-generating activities.

Pricing tiers

ModelBillingPrice
OtherMonthlyFixed monthly service fee for managed infrastructure services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Telforge product offering

Product offering

Core offering

Telforge operates a cloud-based, enterprise-grade communications platform delivering wholesale voice, SMS, and data telecommunications services to carriers, resellers, and enterprise telecom buyers in the U.S. market. The platform is anchored by Nevada-based infrastructure and bundles voice termination, messaging, and data services with backend operational capabilities including switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation.

Product overview

Telforge operates as a single unified cloud-based communications platform offering a portfolio of telecommunications services delivered from Nevada. The core Telforge Cloud Communications Platform bundles three primary service modules — Telforge Voice Services, Telforge SMS/Messaging Services, and Telforge Data Services — which together enable the company to scale carrier-grade communication traffic (voice, SMS, and data) across the U.S. market. The platform is supported by backend operational capabilities including wholesale voice performance management, switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation, the last of which is delivered via a twelve-month infrastructure services contract with Nixxy covering up to $60 million in telecom traffic.

Differentiator

Problem solved

Functional benefit

Products and services

  • Telforge Cloud Communications Platform
  • Telforge Voice Services
  • Telforge SMS/Messaging Services
  • Telforge Data Services

Quantifiable outcome

  • Up to $60M in telecommunications traffic managed via Nixxy infrastructure services agreement
  • +1 more outcomes

Companies that use Telforge

Customer profile

Segments2 records

Ideal customer profiles2 records

Telforge technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Telforge partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered flagship and core.

  • FingerMotion, Inc.flagshipStrategic or Co-development Partner · 19 March 2026FingerMotion signed a share exchange agreement to acquire Telforge, Inc. Under the deal, Telforge shareholders will receive up to 7,333,333 shares of FingerMotion common stock, with 2,333,333 released at closing and 5,000,000 milestone shares held in escrow tied to revenue and contract value targets ($2.5M in first period, $5M in second period). The acquisition is intended to expand FingerMotion's geographical presence, enhance its telecommunications infrastructure, and scale communication traffic across voice, SMS, and data services in the U.S. market.
  • NixxycoreImplementation/ SI/ Consulting Partner · 19 March 2026Nixxy signed a twelve-month infrastructure services agreement with Telforge to manage up to $60M of Telforge's 2026 telecommunications traffic. Nixxy will provide backend operational support including wholesale voice performance, switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation in exchange for a fixed monthly service fee. The engagement is expected to generate an estimated incremental operational benefit of approximately $20K per month for Nixxy.

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Telforge competitors and assessment

Company assessment

Broad incumbents

  • Vonage (Ericsson): Vonage, now part of Ericsson, provides CPaaS APIs for voice, SMS, and messaging alongside broader UCaaS offerings. Its API/SDK and wholesale capabilities overlap with Telforge's cloud voice and SMS services.
  • 8x8, Inc. 8x8 is a publicly traded cloud communications provider offering voice, messaging, and contact center services. It competes broadly with Telforge's cloud communications platform in the U.S. enterprise and wholesale segments.
  • Twilio: Twilio is a global cloud communications platform offering voice, SMS, and data APIs to enterprises. It competes broadly with Telforge's wholesale and cloud communications services, though Twilio's primary GTM is API/developer-led rather than wholesale carrier-grade.
  • Sinch AB: Sinch is a global CPaaS provider with strong wholesale messaging and voice carrier relationships. It overlaps with Telforge's wholesale SMS and voice offerings, particularly in the U.S. carrier market.
  • FingerMotion, Inc. FingerMotion (NASDAQ: FNGR) is acquiring Telforge and operates telecom and insurtech businesses in the U.S. and Asia. Post-acquisition it becomes Telforge's parent and operating network, providing wholesale telecom distribution that overlaps with Telforge's customer base.

Direct peers

  • Telnyx: Telnyx is a cloud-native communications platform offering wholesale voice, SMS, and data services over its private IP network. Its carrier-grade positioning and U.S. focus make it a directly comparable peer to Telforge.
  • IntelePeer: IntelePeer provides wholesale voice, SMS, and UCaaS services to carriers and enterprises with a focus on switching, routing, and settlement operations — capabilities that closely mirror Telforge's backend operational stack.
  • Voxology: Voxology is a niche cloud-based communications provider focused on carrier-grade voice, messaging, and programmable communications APIs, comparable in scale and product mix to Telforge's wholesale focus.
  • Bandwidth Inc. Bandwidth is a publicly traded CPaaS and wholesale voice/SMS provider serving carriers and enterprises in the U.S. It directly competes with Telforge in wholesale voice termination and messaging services using cloud-native infrastructure.
  • Plivo: Plivo offers cloud-based voice and SMS APIs and wholesale messaging services targeting carriers and enterprises, overlapping with Telforge's wholesale voice and SMS modules.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

Telforge social profiles

Digital presence

Telforge financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Telforge leadership team

Management profile

Number of profiles

Telforge funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Telforge M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Telforge

What does Telforge do?

Telforge operates a cloud-based, enterprise-grade communications platform delivering wholesale voice, SMS, and data telecommunications services to carriers, resellers, and enterprise telecom buyers in the U.S. market. The platform is anchored by Nevada-based infrastructure and bundles voice termination, messaging, and data services with backend operational capabilities including switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation.

Is Telforge a public or private company?

Telforge is a private company. It is classified as corporate owned and is currently operating.

When was Telforge founded?

Telforge was founded in -1.

Where is Telforge based?

Telforge is headquartered in Nevada, United States, in the North America region.

How does Telforge make money?

Two revenue lines are on record. Telecom traffic services are the primary driver. The others are wholesale voice termination.

Who are Telforge's main competitors?

Broad incumbents on record are Vonage (Ericsson), 8x8, Inc., Twilio, Sinch AB and FingerMotion, Inc.. Direct peers are Telnyx, IntelePeer, Voxology, Bandwidth Inc. and Plivo.

Does Telforge have an API?

No public API is recorded for Telforge.

What industry is Telforge in?

Telforge's product category is Wholesale Telecommunications Services. Its primary akta.pro industry code is HDAIAFAF, Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects), with a secondary code of HDAIAHAB, Cloud PBX & Hosted Telephony. Its NAICS code is 5171 and its SIC code is 4813.

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Live signals
Pulse 2.0FingerMotion: Telecom Technology Company To Acquire Telforge In Share Exchange DealFingerMotion announced it has signed a share exchange agreement to acquire Telforge, a Nevada-based telecommunications services provider, through a share exchange deal. The acquisition aims to expand FingerMotion's capabilities in telecommunications infrastructure, analytics, and enterprise digitalization, and provide a U.S.-based operating footprint.TipranksNixxy signs infrastructure services contract with FingerMotion company TelforgeNixxy (NIXX) signed a twelve-month infrastructure services agreement with Telforge, a wholly owned subsidiary of FingerMotion (FNGR), under which Nixxy will potentially manage up to $60M of FingerMotion's 2026 revenues. Nixxy will provide backend operational support including wholesale voice performance, switch and routing management, wholesale rate negotiations, settlement reconciliation, and third-party invoice validation in exchange for a fixed monthly service fee. The company expects the engagement to generate an estimated incremental operational benefit of approximately $20K per month.Stock TitanNixxy signs Telforge deal for up to $60M trafficNixxy, Inc. signed a twelve-month infrastructure services agreement with Telforge, Inc. (a wholly owned subsidiary of FingerMotion, Inc.) under which Nixxy will manage up to $60,000,000 in telecommunications traffic for FingerMotion's 2026 revenues. Nixxy will provide backend operational support including wholesale voice performance, switch and routing management, rate negotiations, and invoice validation, receiving a fixed monthly service fee plus an estimated $20,000 per month in incremental operational benefits. The CEOs of both companies characterized the agreement as a win-win that adds recurring revenue for Nixxy while enabling FingerMotion to scale its telecom division without additional capital expenditure.Pulse 2.0FingerMotion: Share Exchange Deal To Acquire Telecom Provider TelforgeFingerMotion has entered into a share exchange agreement to acquire Telforge, Inc., a Nevada-based cloud communications provider, in a deal valued at up to 7.33 million shares of FingerMotion common stock with performance-based earnout milestones tied to revenue targets of $2.5 million within three months and $5 million within six months of closing. The acquisition is aligned with FingerMotion's strategy to expand geographically and acquire telecommunications and infrastructure technology assets, with the company expecting to scale its telecommunications traffic management capabilities without significant additional capital investment. The transaction remains subject to customary closing conditions.FingermotionFingerMotion Signs Agreement to Acquire Telforge, IncFingerMotion, Inc. has entered into a share exchange agreement to acquire Telforge, Inc., a Nevada-based voice and messaging telecom service provider offering cloud-based communications solutions. Under the terms of the agreement, Telforge shareholders will receive up to 7,333,333 shares of FingerMotion common stock, with 2,333,333 shares released at closing and 5,000,000 milestone shares held in escrow pending achievement of revenue and contract value targets. The milestone shares are tied to earnout thresholds of $2.5 million in cumulative revenue and secured contract value for the first period and $5 million for the second period.Investing.comFingerMotion to acquire Telforge for up to 7.3M shares By Investing.comFingerMotion, Inc. (NASDAQ:FNGR) has entered into a share exchange agreement to acquire Telforge, Inc., a cloud-based voice and messaging telecom service provider, with Telforge shareholders to receive up to 7,333,333 shares of FingerMotion common stock including milestone-based earnouts tied to revenue and contract value targets. The transaction includes 2,333,333 shares at closing with an additional 5,000,000 shares held in escrow, contingent on Telforge achieving $2.5 million in cumulative revenue and secured contract value within three months and $5 million within six months. The acquisition aims to expand FingerMotion's service portfolio and geographic reach by providing a U.S.-based operating model, though the company faces profitability challenges including a loss of $0.09 per share and a gross profit margin of just 5.41% over the trailing twelve months.Stock TitanFingerMotion to buy Telforge in 7.3M-share dealFingerMotion, Inc., a NASDAQ-listed mobile services and technology company headquartered in Singapore, has signed a share exchange agreement to acquire Telforge, Inc., a Nevada-based voice and messaging telecom service provider offering cloud-based voice, messaging, and unified communications solutions. Under the terms of the agreement, FingerMotion will issue up to 7,333,333 shares of its common stock to Telforge shareholders, with 2,333,333 closing shares released at closing and 5,000,000 milestone shares held in escrow pending achievement of specified Cumulative Revenue and Secured Contract Value targets over two earnout periods. The CEO stated that the acquisition would enable FingerMotion to manage tens of millions of minutes monthly and scale annualized revenues without adding hardware and capital costs, while gaining a U.S.-based operating model.NewsfileFingerMotion Signs Agreement to Acquire Telforge, IncFingerMotion, Inc. has entered into a share exchange agreement to acquire Telforge, Inc., a Nevada-based cloud voice and messaging telecom service provider, in exchange for up to 7,333,333 shares of FingerMotion common stock. The deal structure includes 2,333,333 closing shares and 5,000,000 milestone shares contingent on Telforge achieving revenue and contract value targets of $2.5 million and $5 million over defined earnout periods. The acquisition is expected to enable FingerMotion to scale telecommunications operations handling tens of millions of minutes monthly without adding hardware or capital costs, aligning with its strategic expansion in telecommunications and infrastructure technologies.