---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-032966"
form_type: "8-K"
ticker: "AEYE"
cik: "0001362190"
company_name: "AUDIOEYE INC"
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:31:56.723299+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AudioEye acquires Bureau of Internet Accessibility for $5M cash; earn-out up to $10.5M total

## Summary
- Acquired all equity of BoIA from sellers including Mark Shapiro; closing on March 9, 2022.
- Base purchase price $5.0M cash, subject to customary adjustments for net working capital and debt.
- Sellers eligible for $1.0M additional payment on first anniversary and earn-out based on 2022/2023 revenue; max total $10.5M.
- BoIA provides automated testing and step-by-step accessibility remediation; employees join AudioEye.
- Acquisition strengthens AudioEye's human-led services and custom solutions for digital accessibility.

## SEC filing metadata
- accession: 0001104659-22-032966
- form_type: 8-K
- ticker: AEYE
- cik: 0001362190
- company_name: AUDIOEYE INC
- filed_at: 2022-03-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362190/000110465922032966/0001104659-22-032966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362190/000110465922032966/tm228652d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-032966
- JSON: https://secwatch.observer/filing/0001104659-22-032966.json
- Plain text: https://secwatch.observer/filing/0001104659-22-032966.txt

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