M&A
confidence high
sentiment neutral
materiality 0.90
StageWise Strategies to acquire TEG SPV in share exchange; TEG holders to own ~97.3% of post-deal company
StageWise Strategies Corp.
- STWI to acquire 99.99999012% of TEG SPV for 183,098,434 shares: 124,506,935 to TEG Parent, 58,591,499 to Irodakhon Abduvakhitova.
- TEG SPV owns Hilton Tashkent City hotel, Wyndham Bukhara, and CAEX exhibition center via AKFA Dream World, Cultural Landmark Hotel, and CAEX LLC.
- Closing conditions include concurrent financing with gross proceeds of at least $18,000,000 and closing by December 31, 2026; antimonopoly clearance already obtained.
- Indemnification: $900,000 deductible, $25,000 per-claim minimum, $9,000,000 cap for general reps; fundamental/tax claims capped at $18,000,000; no escrow.
- TEG Parent holds 67.99999012% and Abduvakhitova 32.00000000% of TEG SPV; Wellmore retains 0.00000988%. Mr. Artikkhodjaev will transfer 1,000,000 STWI shares to TEG Parent pre-close.