NetBrands Corp. (USOTC:NBND) announced on October 27, 2026, that it has signed a non-binding letter of intent to acquire a controlling interest in High Speed Interconnects LLC (HSI), a manufacturer of specialized cable assemblies and connectivity technologies used in aerospace, defense, semiconductor equipment, artificial intelligence and other advanced technology applications.
The proposed acquisition would expand NetBrands’ activities into high-performance connectivity manufacturing, adding a business that supplies specialized interconnect solutions for industrial and technology applications.
According to preliminary, unaudited management figures, the proposed combined business could represent up to $20 million in fiscal 2026 revenue and $4 million in EBITDA, with forecast recurring commitments of $20 million to $30 million for 2027 and beyond.
The figures have not been independently verified, and the proposed acquisition remains subject to due diligence, definitive agreements and applicable closing conditions.
What Has NetBrands Announced?
NetBrands has entered into a non-binding letter of intent to acquire a controlling ownership interest in High Speed Interconnects LLC.
HSI develops, manufactures and assembles specialized coaxial and micro-coaxial cable assemblies designed for applications requiring compact components and reliable signal transmission.
The proposed transaction would provide NetBrands with a controlling interest in a business serving customers across several technology and industrial markets.
The agreement remains preliminary, and neither company has announced that a definitive acquisition agreement has been executed.
Completion will depend on the outcome of due diligence, negotiations between the parties and satisfaction of any applicable closing conditions.
What Does High Speed Interconnects Manufacture?
High Speed Interconnects specializes in flexible coaxial and micro-coaxial cable assemblies used to transmit signals between electronic systems and components.
Its products are designed for applications requiring small physical dimensions, low signal loss and consistent electrical performance.
The company manufactures and assembles cable solutions used in aerospace equipment, defense systems, satellites, semiconductor technologies, artificial intelligence infrastructure, robotics and medical devices.
HSI also produces specialized connectivity components for unmanned vehicles, quantum computing systems and other electronic applications.
Its manufacturing capabilities include precision cable assembly and termination processes intended for equipment with limited space and demanding signal transmission requirements.
Which Industries Does HSI Serve?
HSI’s products are intended for use across several industrial and technology sectors.
These include aerospace, defense, space and satellite systems, semiconductor manufacturing equipment, quantum computing, artificial intelligence, robotics and medical technology.
The company also supplies connectivity solutions for unmanned vehicles and other systems requiring miniature electronic connections.
According to NetBrands, HSI has an existing customer base that includes Fortune 500 companies.
However, the announcement does not identify individual customers, disclose customer concentration or provide details of specific commercial agreements.
The company also did not provide a breakdown of revenue by industry or customer category.
What Are HSI’s Technical Manufacturing Capabilities?
HSI manufactures specialized coaxial cable assemblies with characteristics intended to support high-frequency and precision electronic applications.
Its published product specifications include micro-coaxial connector terminations down to 0.3 millimetres in pitch.
The company also provides fine-wire, direct-to-board terminations down to 0.175 millimetres in pitch.
These dimensions allow connections to be incorporated into compact electronic assemblies where space is limited.
HSI’s products are also designed to provide low insertion loss, phase stability and low capacitance.
These characteristics are relevant to systems requiring controlled signal transmission between electronic components.
The announcement does not provide independent performance comparisons with competing products.
Why Is NetBrands Interested in the Advanced Connectivity Market?
The proposed acquisition would introduce NetBrands to specialized manufacturing activities associated with advanced electronic and communications systems.
HSI’s products are used in applications where signal transmission, component size and manufacturing precision are important operating requirements.
NetBrands said the transaction could provide access to HSI’s existing technology, manufacturing capabilities and customer relationships.
The company also indicated that its position as a publicly traded business could provide access to capital markets and investor relationships that may support HSI’s future operations.
However, no specific financing arrangements, expansion expenditure or investment commitments were announced.
The proposed acquisition remains subject to successful negotiations and completion.
How Much Revenue Could the Combined Business Generate in 2026?
NetBrands reported preliminary management estimates indicating that the proposed combined business could represent up to $20 million in fiscal 2026 revenue.
The parties also indicated potential EBITDA of approximately $4 million.
EBITDA refers to earnings before interest, taxes, depreciation and amortization.
Both figures are unaudited and subject to financial, accounting and due diligence verification.
The announcement does not provide separate revenue or EBITDA figures for NetBrands and HSI.
It also does not establish the accounting basis on which the proposed combined results have been calculated.
The companies intend to review the relevant reporting periods, financial performance and accounting treatment as part of the transaction evaluation.
What Are the Revenue Expectations for 2027?
The parties reported preliminary forecasts of recurring commitments totaling between $20 million and $30 million for 2027 and beyond.
These figures are management estimates and have not been independently verified.
The announcement does not specify how much of the forecast relates to binding contracts, customer purchase commitments or anticipated future business.
It also does not clarify the precise periods covered by the commitments beyond the reference to 2027 and subsequent years.
Consequently, the forecast should not be interpreted as confirmed revenue for fiscal 2027.
The parties intend to examine the composition and financial basis of these estimates during due diligence.
What Did NetBrands’ Chairman and CEO Say About the Proposed Acquisition?
Paul Adler, Chairman and Chief Executive Officer of NetBrands, commented on the proposed transaction and the company’s plans to complete its review.
“The acquisition of HSI represents a tremendous growth opportunity for the Company and its shareholders. HSI’s customer base, which consists of Fortune 500 companies, is a strong foundation to build upon an already hyper-growth business. We plan to work diligently to close this transaction subject to satisfactory due diligence and engagement with noteholders to restructure remaining balances of the existing convertible debt.”
Adler’s comments indicate that NetBrands is also seeking to address outstanding convertible debt as part of its broader efforts to complete the transaction.
The company did not disclose the amount of convertible debt outstanding or provide specific proposed restructuring terms.
What Will Happen to HSI After the Acquisition?
If the transaction is completed, HSI is expected to operate as a subsidiary of NetBrands.
The company intends for HSI to retain its specialized manufacturing and operating capabilities.
The proposed structure would allow HSI to continue serving its existing markets while exploring opportunities to expand its product range, technology capabilities and customer relationships.
NetBrands also identified potential opportunities to broaden HSI’s market presence.
However, the announcement does not provide details of planned management changes, operational integration costs or specific expansion projects.
The final operating arrangements will depend on the terms of any definitive agreement.
What Are the Financial Terms of the Proposed Transaction?
NetBrands has not disclosed a purchase price, valuation or proposed payment structure for the controlling interest in HSI.
The announcement also does not specify the percentage ownership NetBrands intends to acquire beyond describing it as a controlling interest.
No details were provided about whether the consideration would consist of cash, shares, debt or a combination of these.
The financial terms will need to be established through further negotiations and any definitive acquisition agreement.
The preliminary revenue and EBITDA figures relate to the proposed combined business and do not represent the announced purchase price.
What Conditions Must Be Met Before the Acquisition Can Close?
The transaction is subject to several outstanding requirements.
These include completion of due diligence, negotiation and execution of definitive agreements, and satisfaction of applicable closing conditions.
NetBrands also referred to discussions with noteholders regarding the restructuring of remaining convertible debt balances.
The announcement does not specify whether completion of a debt restructuring will be a formal condition of the acquisition.
Because the letter of intent is non-binding, the proposed transaction does not currently guarantee that either party will complete the acquisition.
No expected closing date has been announced.
How Could the Acquisition Change NetBrands’ Business?
NetBrands currently operates through subsidiaries involved in cryptocurrency mining, blockchain-related activities and e-commerce-related business interests.
The company has been expanding its industrial-scale cryptocurrency mining operations through the procurement of mining equipment.
It has also been pursuing mergers, acquisitions and joint ventures in blockchain and Web 3.0 markets.
Acquiring HSI would add specialized cable manufacturing and advanced connectivity technologies to its existing activities.
The proposed combination would therefore introduce additional exposure to industrial and technology markets, including aerospace, defense, semiconductors and robotics.
The company has not disclosed whether the acquisition would result in changes to its existing cryptocurrency mining or blockchain operations.
How Does HSI’s Customer Base Factor Into the Transaction?
NetBrands identified HSI’s relationships with Fortune 500 companies as one of the considerations behind the proposed acquisition.
HSI supplies connectivity technologies intended for equipment manufacturers and other customers operating in technically demanding industries.
Existing customer relationships could provide a basis for continued manufacturing activity following completion.
However, the announcement does not disclose the number of Fortune 500 customers, the duration of their commercial relationships or the revenue attributable to those customers.
It also does not confirm the value of existing customer contracts.
The commercial significance of these relationships will therefore depend on information established through the due diligence process.
What Are the Main Uncertainties Surrounding the Proposed Acquisition?
Several aspects of the transaction remain unresolved.
The companies have not announced a definitive acquisition agreement, purchase price, financing structure or completion timetable.
The proposed combined financial metrics are preliminary and unaudited, while the 2027 recurring commitments forecast has not been independently verified.
NetBrands is also engaging with noteholders regarding its existing convertible debt.
The financial effect of the acquisition will depend on the final ownership structure, consideration, financing arrangements and operating performance of the businesses.
Until definitive terms are announced, the potential effect on NetBrands’ shareholders cannot be fully assessed from the available information.
What Should Investors Monitor Next?
The next developments will include whether NetBrands and HSI execute a definitive acquisition agreement and disclose the financial terms of the proposed transaction.
Additional information about the percentage interest being acquired, purchase consideration and funding arrangements would clarify the structure of the proposed combination.
Verification of the preliminary fiscal 2026 revenue and EBITDA estimates will also be relevant, alongside further details of the forecast recurring commitments for 2027 and beyond.
Investors may also receive updates on NetBrands’ discussions with convertible noteholders.
At present, the proposed acquisition remains at the non-binding letter-of-intent stage, and there is no assurance that it will be completed.
More About NetBrands and High Speed Interconnects
NetBrands Corp. is a publicly traded company headquartered in Island Park, New York. Its activities include cryptocurrency mining and the pursuit of acquisition and joint venture opportunities in blockchain, digital technology and Web 3.0 markets.
High Speed Interconnects LLC is a specialized manufacturer and assembler of coaxial and micro-coaxial cable solutions. Its products are designed for applications in aerospace, defense, satellite systems, semiconductor technologies, quantum computing, artificial intelligence, robotics and medical devices.
On October 27, 2026, NetBrands announced a non-binding letter of intent to acquire a controlling interest in HSI, subject to due diligence, definitive agreements and other closing requirements.