---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-022394"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:12:40.548839+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cuentas signs LOI to sell Brooksville property for $7.2M, up from $5.05M purchase

## Summary
- LOI for sale of Brooksville, FL property at $7.2M; originally purchased April 2023 for $5.05M.
- Cuentas contributed $2M and ~$65k engineering; holds 63% interest in Brooksville Development Partners.
- $3.055M mortgage with Republic Bank of Chicago amended, maturity extended to January 25, 2025.
- $500K Loan Extension Agreement with ALF Trust for interest reserve and working capital needs.
- Closing expected within 75 days after due diligence; $75K earnest money deposit.

## SEC filing metadata
- accession: 0001213900-24-022394
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390024022394/0001213900-24-022394-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390024022394/ea0201783-8k_cuentas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-022394
- JSON: https://secwatch.observer/filing/0001213900-24-022394.json
- Plain text: https://secwatch.observer/filing/0001213900-24-022394.txt

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