M&A
confidence high
sentiment neutral
materiality 0.55
Blum Holdings enters binding term sheet to acquire equity interest in Cookies Creative Consulting & Promotions
BLUM HOLDINGS, INC.
- Blum to issue 489,131 shares and a warrant for 30,762 shares at $0.64 in exchange for 100% of holding company that owns equity in CCCP.
- Aggregate deal value of $562,500; exact CCCP ownership percentage subject to verification and proportional adjustment.
- Closing conditioned on due diligence, regulatory approvals, board approval, and execution of definitive agreements by Sept 30, 2025.
- No assurance of completion; Term Sheet is binding but structure may change based on legal, tax, and accounting considerations.