Blum Holdings to acquire MTV II for $3.9M in cash and stock; MTV II holds minority stake in Cookies

BLUM HOLDINGS, INC.

Blum will pay $250k cash and issue 1,931,152 shares plus warrants for 238,368 shares at $0.54 to acquire 100% of MTV II.
MTV II is an investment holding company with a minority interest in Cookies Creative Productions & Consulting.
Closing subject to definitive agreement by Jan 31, 2025, due diligence, and regulatory approvals.
Sabas Carrillo, Blum CEO, was CFO of Cookies (2018-2020) and holds roles at Mesh Ventures.

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