Bravo acquires streaming assets from Streaming TVEE for $9.76M, including TVee NOW platform

Bravo Multinational Inc.

Purchase price $9,760,000: $7,760,000 promissory note convertible at $0.1525 per share plus assumption of $2,000,000 in STV debt.
Assets include TVee NOW streaming platform (AVOD/SVOD hybrid), set for Q1 2024 launch.
Acquisition includes exclusive content rights from MWP Entertainment featuring H.E.R., Snoop Dogg, Bill Burr.
Closing to occur within 30 days of Feb 6, 2024; Bravo will also gain white-label LOIs with nonprofits.
Bravo board approved agreement; no broker fees incurred.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Bravo Multinational Inc. entered into Asset Purchase Agreement with Streaming TVEE, Inc. valued at $9,760,000 (effective 2024-02-06).

Action: entry
Agreement: asset purchase
Counterparty: Streaming TVEE, Inc.
Value: $9,760,000
Effective: 2024-02-06

Exact text from the filing

(“Bravo”) entered into an Asset Purchase Agreement with Streaming TVEE, Inc. (“STV”), a Delaware corporation, on February 6, 2024.

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Bravo Multinational Inc. filing history →

Source: SEC EDGAR

accession 0001091818-24-000008

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