WaveDancer announced that venture capital firm StealthPoint LLC has agreed to acquire an approximate 80% interest in their blockchain-enabled supply chain management software subsidiary, Gray Matters, Inc. Moving forward, the technology company, including the Maverix® platform offering, will be marketed, sold, and operated under the Gray Matters name. 

In addition to its retained equity interest in Gray Matters, WaveDancer (WAVD) will continue to hold and operate its subsidiary Tellenger Inc., an IT software development, modernization, and cybersecurity firm that helps its government and commercial customers solve business challenges through the smart use of Information Technology. 

Read the full press release here.