Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
UPEXI, INC. completed a disposition involving Amplifyir Inc. for $1,250,000 cash, subject to post-closing adjustments, plus 2.5% of certain advertising revenues of Interactive for two years post-closing (closed 2023-08-31).
- Action
- disposition
- Counterparty
- Amplifyir Inc.
- Consideration
- $1,250,000 cash, subject to post-closing adjustments, plus 2.5% of certain advertising revenues of Interactive for two years post-closing
- Closing
- 2023-08-31
Exact text from the filing
subsidiary Interactive Offers, LLC (“Interactive”) to Amplifyir Inc. (the “Buyer”). The purchase price for the Interests was One Million Two Hundred Fifty Thousand Dollars ($1,250,000), subject to certain customary post closing adjustments. In addition, the Buyer is obligated to pay the Company Two- and one-half percent (2.5%) of certain advertising revenues
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
UPEXI, INC. completed an acquisition involving Eric Hanig for $500,000 cash on closing, 90,909 shares of common stock, and $300,000 payable on the one-year anniversary of closing (closed 2023-09-01).
- Action
- acquisition
- Counterparty
- Eric Hanig
- Consideration
- $500,000 cash on closing, 90,909 shares of common stock, and $300,000 payable on the one-year anniversary of closing
- Closing
- 2023-09-01
Exact text from the filing
percent (100%) of the issued and outstanding equity of Cygnet. In consideration for the September 1, 2023, acquisition the Company paid Hanig Five Hundred Thousand Dollars ($500,000) on the Closing Date, issued Ninety Thousand Nine Hundred and Nine (90,909) shares of the Company’s common stock to Hanig, and agreed to pay Hanig Three Hundred Thousand Dollars
View on SEC.gov