ReachOut Technology Corp. entered into an share exchange agreement to acquire Yuengling's Ice Cream Corporation (OTCPK:YCRM) in a reverse merger transaction on November 7, 2023. The consideration will include such number of shares of newly created Series C Preferred Stock, par value $0.0001 per share of Company which, collectively, shall be convertible into that number of shares of common stock of the Company which shall equal Eighty-Seven Point Five Percent (87%) of the total issued and outstanding shares of common stock of the Company. The transaction is subject to ReachOut and the Shareholders being satisfied with its due diligence investigations.

ReachOut Technology Corp. completed the acquisition of Yuengling's Ice Cream Corporation (OTCPK:YCRM) in a reverse merger transaction on November 9, 2023. Under reverse merger accounting, the comparative historical financial statements of the Company, as the legal acquirer, are those of the accounting acquirer, ReachOut, the Company?s financial statements prior to the closing of the reverse acquisition; reflect only the business of ReachOut and its subsidiaries. Under the terms of the Control Block Transfer Agreement, Everett Dickson (former CEO) is to sell all his remaining Series A Preferred Stock to Richard Jordan (new CEO) for $140,000. Following the closing of the agreements, Robert Bohorad and Everett Dickson resigned their positions as CEO and Chairman of the Board of Directors, respectively and Richard Jordan was appointed to those positions.