8-K/A filed September 14, 2022, 7:59 PM ET ticker LIVE CIK 0001045742

M&A confidence high sentiment neutral materiality 0.70

Live Ventures closes $23.4M acquisition of Kinetic Co., industrial knife manufacturer

LIVE VENTURES Inc

Purchase price ~$18.9M for shares plus $4.5M for real estate; up to $2M contingent earnout.
Kinetic had revenue $20.7M and net income $1.34M for FY ended Nov 2021.
Funded with $10.6M cash, $3.8M second payment, $3M subordinated note, and $1.45M escrow.
Real estate sold to Moss for ~$8.9M, netting $4.4M toward purchase; 20-year leaseback at $50K/mo.
Employment agreements retained CEO Jay Judkins, COO Rocky Sperka, and Head of Equipment Cash Masters.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.