M&A
confidence high
sentiment neutral
materiality 0.70
Bravo Multinational signs LOI to acquire Streaming TV assets for $9.76M
Bravo Multinational Inc.
- Purchase price $9,760,000: $7,760,000 convertible note plus $2,000,000 debt assumption.
- Convertible note priced at $0.15625 per BRVO share (Dec 11, 2023 OTC close).
- Acquired assets to provide content for planned streaming service TV-NOW.
- Transaction expected to close on or before January 17, 2024.