M&A
confidence high
sentiment positive
materiality 0.75
Carmell to acquire Elevai Skincare assets for ~$1.1M stock, earnout, and assumption of liabilities
Longevity Health Holdings, Inc.
- Purchase price includes ~$1.1M in Carmell common stock (with $100K escrow), ~$57K cash on inventory sale, 5% net sales earnout for 5 years, and $500K milestone.
- Assets include product portfolio with trailing 12-month revenue of ~$2.5M, ~$1.0M inventory, commercial team, and accounts receivable.
- Acquisition expected to close by January 17, 2025, subject to customary closing conditions.
- Carmell to issue unregistered shares as closing stock consideration with registration rights within 90 days.