TechFlow News: On April 13, according to Stocktitan, Exodus Movement—a U.S.-listed Bitcoin treasury company—announced it has filed a lawsuit in the Delaware Court of Chancery against service provider W3C Corp and its CEO Garth Howat, seeking enforcement of a share acquisition agreement signed in November 2025 and urging completion of the transaction.
Exodus Movement stated that it has previously classified its loan to W3C as “immediately payable” and has already exercised related security rights; it expects the court to issue an order compelling the counterparty to complete the closing as stipulated in the agreement. Earlier, on April 8, 2026, Exodus obtained approval from the UK’s Financial Conduct Authority (FCA), clearing a key regulatory hurdle for the acquisition. The company stated it will accelerate completion of this acquisition by advancing both the litigation and enforcement of its security rights.
