XPON Technologies Group (ASX:XPN) has entered into a binding agreement to acquire 100% of the shares in digital marketing firm Alpha Digital Design Consultants for a total maximum consideration of AU$2.6 million, according to a Monday Australian bourse filing.

The deal includes AU$1.72 million at completion, comprising AU$180,000 XPON shares on closing and AU$1.54 million vendor loan at 8% annual interest over 3 years.

The deal also includes an additional AU$891,000 in performance-based two-year earn-in linked to EBITDA growth targets in 2026 of AU$800,000 and 2027 of AU$1.1 million.

Alpha Digital generated AU$4.6 million revenue and AU$700,000 unaudited earnings before interest, tax, depreciation, and amortization in the last financial year, with around AU$1 million cash in the bank.

XPON Technologies' shares jumped 283% to a one-year high of AU$0.023.