---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-307929"
form_type: "8-K/A"
ticker: "EXOD"
cik: "0001821534"
company_name: "Exodus Movement, Inc."
filed_at: "2026-07-17T20:43:47+00:00"
generated_at: "2026-07-17T20:45:11.508538+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exodus completes acquisition of Monavate Holdings, Baanx UK and Baanx US; files audited financials

## Summary
- Acquisition closed May 1, 2026; Monavate, Baanx UK, Baanx US become wholly owned subsidiaries.
- Monavate 2025 revenue £61.5M (up 36% YoY from £45.1M); net loss £8.2M (vs £5.3M loss in 2024).
- Monavate had negative equity of £1.8M at Dec 31, 2025, but no borrowings (vs £22.4M debt in 2024).
- Pro forma combined financials for Q1 2026 and FY 2025 filed as Exhibit 99.2.
- Monavate's financials prepared under IFRS; prior period error corrected for amortization.

## SEC filing metadata
- accession: 0001193125-26-307929
- form_type: 8-K/A
- ticker: EXOD
- cik: 0001821534
- company_name: Exodus Movement, Inc.
- filed_at: 2026-07-17T20:43:47+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821534/000119312526307929/0001193125-26-307929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821534/000119312526307929/d155764d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-307929
- JSON: https://secwatch.observer/filing/0001193125-26-307929.json
- Plain text: https://secwatch.observer/filing/0001193125-26-307929.txt

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