---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-095941"
form_type: "8-K"
ticker: "IPM"
cik: "0001355839"
company_name: "INTELLIGENT PROTECTION MANAGEMENT CORP."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:44:28.552250+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Paltalk divests Paltalk, Camfrog, Vumber for $1.35M plus earnouts; prelude to NTS merger

## Summary
- Sells Paltalk, Camfrog, and Vumber applications and related assets to Meteor Mobile Holdings for $1.35M cash at closing.
- Earnout potential: 30-40% of revenue above thresholds (H2 2025 min $3.5M; annual 2026-2028 min $7M), aggregate capped at $5M via acceleration.
- Divestiture is a condition to closing Paltalk's pending merger with Newtek Technology Solutions (NewtekOne, Inc.).
- Board approves transaction bonuses: $100K to CFO Kara Jenny, $25K to SVP Adam Zalko; stock options of 25,000 each to CEO, CFO, and SVP.

## SEC filing metadata
- accession: 0001213900-24-095941
- form_type: 8-K
- ticker: IPM
- cik: 0001355839
- company_name: INTELLIGENT PROTECTION MANAGEMENT CORP.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355839/000121390024095941/0001213900-24-095941-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355839/000121390024095941/ea0220004-8k_paltalk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-095941
- JSON: https://secwatch.observer/filing/0001213900-24-095941.json
- Plain text: https://secwatch.observer/filing/0001213900-24-095941.txt

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