JP 3E Holdings Completes Acquisition of MetaRock, Enters AI Space
Deal News | Jul 01, 2025 | Globenewswire
JP 3E Holdings, formerly known as Spooz, Inc., has completed its acquisition of MetaRock, Inc., an innovator in decentralized metaverse technology. This strategic acquisition allows JP 3E Holdings to enter the Artificial Intelligence space and positions the company to meet NASDAQ listing requirements. MetaRock brings with it a robust portfolio of patented technologies and contracts with over 30 multinational companies. The acquisition promises to enhance JP 3E Holdings’ capabilities in commodity transactions through a unique Trade Finance Platform that facilitates safe and assured transaction finalization. By synergizing their assets, both companies anticipate a substantial increase in revenues through diverse revenue models, such as advertising, subscriptions, and game operations. With leadership under John K. Park and the strategic involvement of Kim Jong-woo, the newly appointed President of JP 3E Holdings, the combined entity is poised for significant growth in the metaverse and commodity trading sectors.
Sectors
- Financial Technology (FinTech)
- Metaverse
- Artificial Intelligence (AI)
- Commodity Trading
Geography
- United States – JP 3E Holdings is based in Somerset, New Jersey, and planning to list on NASDAQ, indicating the company's strong ties to the US market.
- South Korea – MetaRock Inc., which has a subsidiary incorporated in Wyoming, USA, is based in South Korea.
Industry
- Financial Technology (FinTech) – The article discusses JP 3E Holdings' innovative approach to optimizing trade processes through technology, particularly with MetaRock's platform.
- Metaverse – MetaRock is described as a provider of decentralized metaverse network services, highlighting the relevance of this emerging sector.
- Artificial Intelligence (AI) – The acquisition of MetaRock enables JP 3E Holdings to enter the AI sector, a key strategic direction for the company.
- Commodity Trading – JP 3E Holdings is looking to become a leader in commodity transactions through the integration of MetaRock's trading platform.
Financials
- 1,200,000,000 shares – JP 3E will reduce its Authorized Shares to 1.2 billion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| JP 3E Holdings, Inc. | Buyer | Company | A provider of innovative financial and commodity trading solutions based in New Jersey. |
| MetaRock, Inc. | Target Company | Company | Developer of decentralized metaverse technology with a robust portfolio of patented technologies. |
| John K. Park | CEO, President, and Chairman of JP 3E | Person | Leader of JP 3E Holdings, aiming to list the company on NASDAQ. |
| Kim Jong-woo | President of JP 3E and CEO and Chairman of MetaRock | Person | Appointed as President following the acquisition; instrumental in technology integration. |