CapitalStone Holding Limited agreed to acquire eGlass Technologies Ltd from Integrated Media Technology Limited (NasdaqCM:IMTE) for $6.8 million on January 4, 2022. The execution of the reorganization plan will comply with applicable requirements under the laws, and will be subject to obtaining required regulatory approvals and any shareholders approval required. IMTE expects to implement the reorganization during 2022.

As on July 11, 2022, CapitalStone and Integrated Media entered into Sales and Purchase Agreement.