Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
TIGO ENERGY, INC. entered into Patent Purchase Agreement with Tigo Energy Innovations LLC valued at Aggregate purchase price between $17,750,000 and $17,950,000, with potential royalty payments up to (effective 2025-12-16).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Tigo Energy Innovations LLC
- Value
- Aggregate purchase price between $17,750,000 and $17,950,000, with potential royalty payments up to
- Effective
- 2025-12-16
Exact text from the filing
On December 16, 2025, Tigo Energy, Inc. (the “ Company ”) and Tigo Energy AI Ltd. (together with the Company, “ Seller ”) entered into a patent purchase agreement (the “ Agreement ”) with Tigo Energy Innovations LLC (the “ Purchaser ”), pursuant to which Seller sold to the Purchaser certain patents (the “ Assigned Patents ”) for an aggregate purchase price between $17,750,000 and $17,950,000 (determined in accordance with the terms of the Agreement), which shall be paid as follows: (i) $15,000,000 was paid at the initial closing (the “ Initial Closing ”), and (ii) between $2,750,000 and $2,950,000 (the “ Holdback Amount ”) will be paid not more than four (4) months following the Initial Closing; provided, that the Holdback Amount will only be paid upon the satisfaction of certain conditions.
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