M&A
confidence high
sentiment neutral
materiality 0.30
Silo Pharma acquires 'Reputation Endpoints' software from Larry King for 150,000 shares
Silo Pharma, Inc.
- Asset purchase agreement dated Oct 13, 2026: Silo Pharma buys the source and object code for web-based tools marketed as 'Reputation Endpoints' plus all related IP.
- Purchase price is 150,000 shares of common stock ($0.0001 par), delivered within five business days; Seller delivers the software within three days of receipt.
- Shares are locked up for 12 months, ending earlier upon a Change in Control or the Company's written consent.
- Larry King indemnifies for misrepresentation, third-party infringement, gross negligence or fraud; liability capped at the fair market value of the 150,000 shares; reps survive 12 months.
- Seller warrants the software is original, free of malicious code, has no undisclosed open-source components, and that he is exclusive owner free of liens or prior licenses.