---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-001799"
form_type: "8-K/A"
ticker: "CNFN"
cik: "0001352952"
company_name: "CFN Enterprises Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:33:16.699692+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFN Enterprises closes asset purchase of RAN CoPacking; audited financials show net loss and going concern

## Summary
- Acquired co-packing and white label manufacturing assets from RAN CoPacking Solutions LLC on July 1, 2023.
- Purchased assets generated $1.775M revenue and $27,022 net loss for six months ended Dec 31, 2022.
- Members' deficit of $213,022 as of Dec 31, 2022; auditor notes substantial doubt about going concern.
- Related party transactions: $854,557 due to related party and $150,637 expenses paid by related party.
- Lease obligation: $2.56M present value of lease liability through 2027.

## SEC filing metadata
- accession: 0001096906-23-001799
- form_type: 8-K/A
- ticker: CNFN
- cik: 0001352952
- company_name: CFN Enterprises Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352952/000109690623001799/0001096906-23-001799-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352952/000109690623001799/cnfn-20230705.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-001799
- JSON: https://secwatch.observer/filing/0001096906-23-001799.json
- Plain text: https://secwatch.observer/filing/0001096906-23-001799.txt

## Key facts
- M&A Transactions
  CFN Enterprises Inc. completed an acquisition involving RAN CoPacking Solutions LLC (closed 2023-07-01).
  - Action: acquisition
  - Counterparty: RAN CoPacking Solutions LLC
  - Closing: 2023-07-01
  source text: The acquisition of the Purchased Assets closed on July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352952/000109690623001799/0001096906-23-001799-index.htm

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