secwatch.observer — SEC 8-K summary
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Issuer:     BOSTON OMAHA Corp (BOC)
CIK:        0001494582
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001437749-24-011219
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Omaha buys minority stakes in FIF Utah and FIF St. George for $13.4M in stock
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- Alpine Networks (owned by broadband CEO) exchanged 17% interest in FIF Utah for 275,611 shares valued at ~$4.4M.
- Two minority holders exchanged 20% combined interest in FIF St. George for 563,750 shares valued at ~$9M.
- Total consideration: 839,361 unregistered BOC shares priced at 30-day VWAP through March 28, 2024.
- Boston Omaha Broadband now owns 100% of both FIF Utah LLC and FIF St. George LLC.
- Transaction eliminates existing put/call rights held by minority sellers under original operating agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494582/000143774924011219/0001437749-24-011219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494582/000143774924011219/bomn20240405c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-011219

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