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Bitcoin Treasury Company Exodus files a lawsuit against W3C in Delaware demanding fulfillment of the acquisition deal
Deep Tide TechFlow News. On April 13, according to Stocktitan, the U.S.-listed Bitcoin treasury company Exodus Movement announced that it has filed a lawsuit with the Delaware Chancery Court, seeking to have service company W3C Corp and its CEO Garth Howat carry out the share acquisition agreement signed in November 2025 and move the transaction through to completion.
Exodus Movement said it had previously recorded the loan provided to W3C as “current payable” and had exercised the related security rights, and it expects to obtain a court order to force the other party to complete the closing/settlement as agreed. Previously, on April 8, 2026, Exodus received approval from the UK Financial Conduct Authority for the acquisition transaction, clearing a key regulatory hurdle for the deal. The company said it will combine progress in the lawsuit with the enforcement of its security rights to speed up completion of this acquisition.