secwatch.observer — SEC 8-K summary
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Issuer:     VASO Corp (VASO)
CIK:        0000839087
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001213900-24-072203
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vaso provides pro forma combined financials for Achari merger; 2023 revenue $81.0M, net loss $0.7M
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- Six months ended June 30, 2024 pro forma combined revenue $39.0M, net loss $1.5M.
- Year ended December 31, 2023 pro forma combined revenue $81.0M, net loss $0.7M.
- Vaso stockholders expected to own 95.8% (current redemptions) or 97.4% (max redemptions) of combined company.
- Pro forma balance sheet at June 30, 2024: total assets $69.4M (current redemptions) or $65.8M (max redemptions).
- Merger must close by October 19, 2024; Achari trust account ~$6.3M after July 2024 redemptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/839087/000121390024072203/0001213900-24-072203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/839087/000121390024072203/ea0211991-8k425_vaso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-072203

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