TransAct terminates legacy license pacts with Avery Dennison; acquires BOHA! source code rights

TRANSACT TECHNOLOGIES INC

Terminated MLA, MDLA, subcontract, and sale accommodation agreement with AD and StreemSoft.
No early termination penalties incurred; termination effective upon completion under Source Code Transition Agreement.
Previous agreements involved development and revenue-sharing for food service technology software.
Termination aligns with August 2025 Source Code Purchase and Perpetual License Agreement for royalty-free BOHA! source code license.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TRANSACT TECHNOLOGIES INC terminated License Agreements with Avery Dennison Corporation and StreemSoft LLC (effective 2025-12-30).

Action: termination
Agreement: license
Counterparty: Avery Dennison Corporation and StreemSoft LLC
Effective: 2025-12-30

Exact text from the filing

On December 30, 2025, TransAct Technologies Incorporated (the “Company”) agreed with Avery Dennison Corporation (“AD”) and StreemSoft LLC (formerly, ZippyYum LLC) (“StreemSoft”) to terminate (i) that certain Master License Agreement, dated February 22, 2019, as amended (the “MLA”), (ii) that certain Master Development and License Agreement, dated July 20, 2018 (the “MDLA”), entered into by and between the Company and StreemSoft, (iii) the related Subcontract Agreement, dated March 18, 2021, between StreemSoft and AD, and (iv) the Agreement to Accommodate Sale by ZippyYum to AD, dated March 16, 2021 (collectively, the “License Agreements”).

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Source: SEC EDGAR

accession 0001214659-26-000105

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