---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-001083"
form_type: "8-K"
ticker: "DLPN"
cik: "0001282224"
company_name: "Dolphin Entertainment, Inc."
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T18:58:51.518963+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dolphin Entertainment acquires impact PR agency Elle Communications for $2.025M cash + 2.09M shares

## Summary
- Consideration: $2.025M cash at closing, $450K deferred (based on 2024 revenue), and 2,089,783 shares of DLPN common stock.
- Elle Communications becomes division of 42West, joining Dolphin's PR agencies (Shore Fire, The Door, etc.).
- Seller Danielle Finck signs 4-year employment agreement; shares subject to 2-year lock-up with leak-out provisions.
- Transaction closed July 15, 2024; financial statements and pro forma to be filed within 71 days.

## SEC filing metadata
- accession: 0001079973-24-001083
- form_type: 8-K
- ticker: DLPN
- cik: 0001282224
- company_name: Dolphin Entertainment, Inc.
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282224/000107997324001083/0001079973-24-001083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282224/000107997324001083/dlpn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-001083
- JSON: https://secwatch.observer/filing/0001079973-24-001083.json
- Plain text: https://secwatch.observer/filing/0001079973-24-001083.txt

## Key facts
- M&A Transactions
  Dolphin Entertainment, Inc. completed an acquisition involving Danielle Finck for $2,025,000 in cash and issued 2,089,783 shares of common stock (closed 2024-07-15).
  - Action: acquisition
  - Counterparty: Danielle Finck
  - Consideration: $2,025,000 in cash and issued 2,089,783 shares of common stock
  - Closing: 2024-07-15
  source text: and between the Company and Danielle Finck (the “ Seller ”). Elle is a California-based communications agency. On the Closing Date, the Company paid the Seller an aggregate of $2,025,000 in cash and issued 2,089,783 shares of common stock of the Company, par value $0.015 (the “ Common Stock ”) to the Seller, as consideration for the acquisition of Elle, which
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282224/000107997324001083/0001079973-24-001083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.