Vaso Corporation completes sale of NetWolves for $14.5M; pro forma financials filed

VASO Corp

Base purchase price of $14.5M in cash; net cash proceeds of approximately $9.956M after closing adjustments and escrow.
Pro forma shows elimination of NetWolves' managed IT services revenue ($9.6M for Q1 2026, $39.3M for FY2025).
Estimated pre-tax gain of $0.8M from the disposition as of July 31, 2026.
Pro forma net income for FY2025 increases to $6.2M from $1.6M historical, including the gain.
Pro forma total assets decrease to $79.5M from $83.0M as of March 31, 2026.

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