New Frontier Energy, Inc. (OTCPK:NFEI) entered into a securities purchase agreement to acquire CareOne, LLC for $2.18 million on March 23, 2023. Pursuant to the SPA, New Frontier Energy, Inc. was to issue a total of 200,000,000 shares of its common stock to acquire 100% of the outstanding interests in CareOne. As for the year ended December 31, 2022, CareOne generated revenues of $600,000.

New Frontier Energy, Inc. (OTCPK:NFEI) completed the acquisition of CareOne, LLC on March 23, 2023.