Market News / Story
Metrospaces Transfers Control Via Preferred Stock Sale to Villa Magna Under New Purchase Agreement
·
Metrospaces announced material agreements tied to a change in control. Under a Control Stock Purchase Agreement dated Oct 06 2026, GBS Capital Partners sold 1,643,255 Series B Preferred shares and Oscar Brito sold 4.5 Series E Preferred shares to Villa Magna, transferring voting control without a cash purchase price. As part of the negotiated closing, Metrospaces agreed to transfer certain Genesis preferred stock to GBS subject to documentation and approvals, while…