Xcel Brands sells Judith Ripka brand assets for $2.3M cash plus up to $0.75M contingent

XCel Brands, Inc.

Asset purchase agreement with Judith Ripka Designs, LLC for substantially all JR Licensing assets including the brand.
Cash payment at closing of $2.3 million.
Up to an additional $0.75 million in contingent consideration.
Sale includes the Judith Ripka brand name and trademarks.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

XCel Brands, Inc. entered into a asset purchase with Judith Ripka Designs, LLC valued at $2.3 million cash payment at closing and up to an additional $0.75 million of contingent considerati (effective 2026-04-24).

Action: entry
Agreement: asset purchase
Counterparty: Judith Ripka Designs, LLC
Value: $2.3 million cash payment at closing and up to an additional $0.75 million of contingent considerati
Effective: 2026-04-24

Exact text from the filing

On April 24, 2026, Xcel Brands, Inc. (the “Company”), Xcel IP Holdings, LLC a wholly-owned subsidiary of the Company (“IP Holdings”) and JR Licensing, LLC, a wholly-owned subsidiary of IP Holdings (“JR Licensing and, collectively, the “Xcel Parties”), entered into an asset purchase agreement with Judith Ripka Designs, LLC (“the Buyer”) with respect to the sale by the Xcel Parties to the Buyer of substantially all of the assets of JR Licensing, including the “ Judith Ripka ” brand name and trademarks.

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XCel Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-053074

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