other material
confidence high
sentiment neutral
materiality 0.60
Kenilworth Systems enters license agreement with ACL Group for data records; annual fee $500K plus 5M shares.
Global Asset Management Group, Inc.
- License grants access to up to 240M data records and 700M categorized records with 300 data field points.
- Annual charge: $500,000 plus 5,000,000 non-dilutive nonrefundable common shares of Kenilworth.
- Additional implementation and support fees of $137,250 due to ACL Group.
- License is limited, nonexclusive, nontransferable, and covers defined Service and Documentation Assets.
- Agreement dated March 28, 2022; reported on Form 8-K filed April 1, 2022.