GTT Data Solutions Ltd — Important, 01-12-2025: Company Update

GTT Data Solutions has announced it entered into a Memorandum of Understanding to acquire 100% ownership and intellectual property rights of Insurants AI Limited. This strategic acquisition aims to integrate Insurants' capabilities into GTT Data's business, potentially enhancing its market position and service offerings. The completion of this acquisition is contingent upon successful due diligence and the execution of a definitive share purchase agreement. This move indicates the company's focus on expanding its operational footprint and technological assets, which could be relevant for shareholders.