Beyond Commerce signs LOI to acquire Electric Built Inc., appoints Remo Weber as COO

Beyond Commerce, Inc.

LOI to acquire Electric Built Inc. (EV design/engineering) for $1M in stock; $50k initial restricted shares in escrow.
Transaction subject to definitive agreement, due diligence, and board approval; exclusivity through Sep 20, 2022.
Remo Weber, current CEO of Electric Built, to be appointed COO of Beyond Commerce upon closing.
Beyond Commerce also gets right of first refusal on assets of Electrogistics, Inc.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Remo Weber

Chief Operating Officer

BYOC · Beyond Commerce, Inc.

Filed: April 14, 2022, 7:59 PM ET

Pursuant to the Letter of Intent, Remo Weber, currently Chief Executive Officer of Electric Built, will be appointed as Chief Operating Officer of the Company in connection with the transaction, on terms and conditions to be negotiated.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Remo Weber was appointed as Chief Operating Officer at Beyond Commerce, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

Pursuant to the Letter of Intent, Remo Weber, currently Chief Executive Officer of Electric Built, will be appointed as Chief Operating Officer of the Company in connection with the transaction, on terms and conditions to be negotiated.

View on SEC.gov

Beyond Commerce, Inc. filing history →

Source: SEC EDGAR

accession 0001096906-22-000863

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.