AMCON gains control of Team Sledd LLC, ownership rises to 56%, consolidation ahead

AMCON DISTRIBUTING CO

On May 2, 2022, Team Sledd redeemed additional membership interests from Sledd, giving AMCON control.
AMCON now holds 56% ownership; Sledd holds 44% in the wholesale distributor.
AMCON will fully consolidate Team Sledd's financial results in future periods.
Previously accounted for as an equity method investment.
No financial impact disclosed; no cash consideration mentioned.

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