M&A
confidence high
sentiment neutral
materiality 0.65
ALDS and The Awareness Group sign binding LOI for reverse merger; TAG to become majority owner
APPlife Digital Solutions Inc
- Target close before Dec 31, 2023; TAG receives simple majority of ALDS common stock.
- Co-CEOs: ALDS CEO Matthew Reid and TAG CEO Pablo Diaz will jointly lead the combined entity.
- TAG's five acquired companies produced ~$16M pro-forma YTD revenue (Oct 30, 2023); targeting $40M in 2024.
- TAG names Marco Rubin and Brooks Holcomb as independent directors to its board.