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Baylin Technologies Settles Litigation With SpaceBridge

Newswire.ca - Fri Apr 10, 7:00AM CDT

TORONTO, April 10, 2026 /CNW/ - Baylin Technologies Inc. (TSX: BYL) (OTCQB: BYLTF) ("Baylin" or the "Company") announced today that it has settled its long-running litigation with SpaceBridge Inc. over claims arising out of the Company's acquisition of Advantech Wireless Technologies in January 2018. The settlement is being funded by payments to the parties out of the escrow fund established in connection with the acquisition. Baylin will be receiving cash from the escrow as part of the settlement.

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