---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-004404"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:33:26.618546+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings signs binding LOI to acquire three Sacramento dispensaries for $9.7M

## Summary
- Purchase price $9.7M: $1.9M secured promissory note (34-42 months) plus 1,835,330 shares (15.63% of company).
- Acquisition target: Operators Only Corp. operatings three stores, including a Cookies cannabis dispensary in downtown Sacramento.
- Target assets had 2023 combined revenue of ~$14M with 50% gross margins and ~$1.9M cash from operations.
- Company also changed ticker symbol to BLMH (from UNRVD) effective Feb 12, 2024.
- Upon close, Blum expects to launch new brand Turkey Bag Heroes for premium small-batch flower.

## SEC filing metadata
- accession: 0001437749-24-004404
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774924004404/0001437749-24-004404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774924004404/blmh20240215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-004404
- JSON: https://secwatch.observer/filing/0001437749-24-004404.json
- Plain text: https://secwatch.observer/filing/0001437749-24-004404.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.