secwatch.observer — SEC 8-K summary
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Issuer:     VASO Corp (VASO)
CIK:        0000839087
Form:       8-K/A
Filed at:   2026-08-06T20:05:50+00:00
Accession:  0001213900-26-086128
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/839087/000121390026086128/0001213900-26-086128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/839087/000121390026086128/ea0300766-8ka1_vaso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-086128

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