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Great Estate Blockchain ends home engineering acquisition, CEO resigns, shifts to new strategy

Company Fundamentals
15 Jun 2026
GlobeNewsWire
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Bearish
pluang ai news

Great Estate Blockchain, Inc. has mutually terminated its acquisition of a 50.1% stake in a home engineering business due to valuation adjustment conflicts triggered by revenue and stock price conditions. The home engineering business, which generated most of VAYK's $2 million revenue in 2025, was divested as both parties could not agree on terms. CEO Jason Armstrong resigned following the termination, and Paula Wang was appointed interim CEO to lead the company as it explores new strategic opportunities and potential acquisitions to enhance shareholder value. The company remains publicly traded and aims to realign its business focus moving forward.

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