---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-067418"
form_type: "8-K"
ticker: "IPM"
cik: "0001355839"
company_name: "INTELLIGENT PROTECTION MANAGEMENT CORP."
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T09:58:58.586720+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Paltalk to acquire Newtek Technology Solutions for $4M cash + 4M preferred shares; divests legacy apps

## Summary
- Total consideration: $4M cash plus 4M shares of Series A Non-Voting Preferred Stock (convertible to common).
- NTS 2023 revenue ~3x Paltalk's 2023 revenue; expected close Q4 2024 or Q1 2025.
- Paltalk must divest Paltalk, Camfrog, and Tinychat apps before closing (Divestiture Transaction).
- Newtek will own ~30.3% of Paltalk on as-converted fully-diluted basis; one board seat.
- Voting agreements with certain stockholders to support parent stock issuance and divestiture.

## SEC filing metadata
- accession: 0001213900-24-067418
- form_type: 8-K
- ticker: IPM
- cik: 0001355839
- company_name: INTELLIGENT PROTECTION MANAGEMENT CORP.
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355839/000121390024067418/0001213900-24-067418-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355839/000121390024067418/ea0211071-8k_paltalk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-067418
- JSON: https://secwatch.observer/filing/0001213900-24-067418.json
- Plain text: https://secwatch.observer/filing/0001213900-24-067418.txt

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