Atlantic Crypto Corporation entered into a binding agreement to acquire non-core datacenter assets and related infrastructure from HyperBlock Inc. (CNSX:HYPR) for $1 million on February 12, 2019. In addition to the transaction, the agreement provides Atlantic Crypto Corporation with the option to assume operation of the facility and to transition services required to operate certain non-core datacenter assets at the Facility. As of April 16, 2019, Atlantic Crypto Corporation has made all scheduled progress payments and the option must be exercised on or before June 30, 2019. The transaction is expected to close on or before April 30, 2019. As of January 31, 2020 the transaction is expected to close by May 31, 2019.