EX-99.1 3 ea029561901ex99-1.htm PRESS RELEASE OF RANK ONE COMPUTING CORPORATION, DATED JUNE 23, 2026 Exhibit 99.1 ROC to Acquire Zuccaro Technical Consulting; Expands ROC Evidence and Vision AI Capabilities Creating Robust End-to-End Investigative Platform Acquisition broadens commercial monetization of ROC Evidence with digital forensics capabilities, active federal government contracts, and an experienced workforce of specialized software engineers Transaction structure mitigates shareholder dilution with upfront cash and restricted stock consideration; adds revenue through current multi-year contracts Strengthens ROC’s position in $9.4 billion digital evidence and forensics market through American-built digital forensics capabilities and long-term federal customer relationships DENVER, CO, June 24, 2026 - Rank One Computing Corporation d/b/a ROC (Nasdaq: ROC) (“ROC” or the “Company”), a U.S. leader in Vision AI, building unified biometric, video analytics, and decision intelligence solutions, today announced that it has entered into a definitive agreement (the “Transaction”) to acquire Zuccaro Technical Consulting LLC (“ZTC”), a developer of digital forensics solutions …
Open exhibit ↗Current Report · Items 1.01, 7.01, 9.01 · 8-K
Rank One Computing Corp
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Item 1.01 Entry into a Material Definitive Agreement. On June 23, 2026, Rank One Computing Corporation (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) by and among the Company, ZTC Holdco, Inc. (the “Seller”), Anthony J. Zuccaro, Emily J.…
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On June 23, 2026, Rank One Computing Corporation
(the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) by and among the Company, ZTC Holdco,
Inc. (the “Seller”), Anthony J. Zuccaro, Emily J. Sverchek, and Zuccaro Technical Consulting LLC (“ZTC”), pursuant
to which the Company has agreed to acquire 100% of the issued and outstanding equity interests of ZTC (the “Acquisition”).
Consideration. The aggregate consideration
payable to the Seller consists of: (i) a cash payment at closing of $500,000, subject to reduction for ZTC’s indebtedness and transaction
expenses and potential adjustment based on ZTC’s closing net working capital; (ii) $2,500,000 in shares of restricted common stock
of the Company (the “Restricted Shares”), with $875,000 of Restricted Shares vesting at closing, $1,125,000 of Restricted
Shares vesting on the first anniversary of closing, and the remaining $500,000 of Restricted Shares vesting over the next eight quarters
until the third anniversary of closing; and (iii) revenue share payments equal to 15% of ROC Evidence Advanced Revenue (as defined in
the Purchase Agreement) for each fiscal quarter during the seven-year revenue share term, subject to an aggregate cap of $7,000,000. In
addition, and separate from the purchase price, the Company has committed to grant up to $500,000 in retention restricted stock units
to continuing employees of ZTC, vesting over five years.
Conditions to Closing. The closing of the Acquisition is subject
to satisfaction or waiver of customary conditions, including: (i) the accuracy of representations and warranties of the parties; (ii)
the receipt of required regulatory approvals and other third-party consents; and (iii) execution of employment agreements with key personnel
and proprietary information and invention assignment agreements with employees. The closing is also subject to the completion of an audit
of ZTC’s 2024 and 2025 annual financial statements. There can be no assurance that the Acquisition will be consummated.
The foregoing description of the Purchase Agreement does not purport
to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement filed as Exhibit 2.1 to this Current
Report on Form 8-K, which is incorporated herein by reference.
The Purchase Agreement has been filed to provide
investors and security holders with information regarding its terms. It is not intended to provide any other factual information about
the Company, ZTC, or their respective subsidiaries or affiliates. The representations, warranties, and covenants contained in the Purchase
Agreement were made only for purposes of that agreement and as of specific dates; were made solely for the benefit of the parties to the
Purchase Agreement; may be subject to limitations agreed upon by the contracting parties, including being qualified by confidential disclosure
schedules; and may apply standards of materiality in ways that differ from what investors and security holders may view as material. Accordingly,
the Purchase Agreement should not be read alone, but instead should be read together with the information about the Company that the Company
includes in or incorporates by reference into its periodic reports and other filings made with the Securities and Exchange Commission.
Item 7.01. Regulation FD Disclosure.
On June 24, 2026, Rank One issued a press release
announcing its entry into the Purchase Agreement described in item 1.01 of this Current Report on Form 8-K. A copy of the press release
is furnished as Exhibit 99.1, and is incorporated herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On June 24, 2026, Rank One issued a press release
announcing its entry into the Purchase Agreement described in item 1.01 of this Current Report on Form 8-K. A copy of the press release
is furnished as Exhibit 99.1, and is incorporated herein by reference.