secwatch.observer — SEC 8-K summary
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Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001213900-26-005387
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoned Properties announces sale of 100% of assets to management for $7M; plans liquidation and special dividend
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- MBO purchase price $7M for all remaining assets; plus $9M option on CKG properties for gross total up to $16M.
- Buyer group BPB Partners, LLC owned by CEO Bryan McLaren, President Berekk Blackwell, and Patrick Moroney.
- Special Transactions Committee of independent directors negotiated deal; fairness opinion to be obtained; shareholder approval required.
- After liquidation, expects to pay debt, redeem preferred shares, distribute net cash via special dividend, then pursue reverse merger.
- Closing expected by end of 2026, subject to shareholder vote, regulatory approvals, and buyer financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026005387/0001213900-26-005387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026005387/ea0273068-8k_zoned.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-005387

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