Blum Holdings agrees to acquire Mesh Ventures for $8.99M in stock, cash, and warrants

BLUM HOLDINGS, INC.

Aggregate consideration: $359,610 cash, 4,531,965 shares of common stock, and warrants for 471,989 shares at $0.64.
Mesh Ventures holds a significant investment in Cookies Creative Productions & Consulting.
CEO Sabas Carrillo served as CFO of Cookies and is a co-founder of Mesh, creating related-party dynamics.
Transaction subject to due diligence, regulatory approvals, and execution of definitive agreements by Jan 31, 2025.
No assurances that the transaction will be completed; obligations subject to customary conditions.

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