secwatch / observer
8-K filed May 10, 2024, 7:59 PM ET CIK 0001683252
M&A confidence high sentiment neutral materiality 0.70

Token Communities acquires ASC Global for $5M promissory note to company President

TOKEN COMMUNITIES LTD.

Machine-readable event card

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secwatch.filing_event.v1
accession
0001477932-24-002683
form_type
8-K
ticker
null
cik
0001683252
company_name
TOKEN COMMUNITIES LTD.
filed_at
2024-05-10T23:59:59+00:00
discovered_at
2026-05-14T18:03:19.574260+00:00
generated_at
2026-06-02T03:53:39.289858+00:00
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event_type
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sentiment
neutral
materiality_score
0.7
calibrated_materiality_score
0.7
confidence
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edgar_index_url
https://www.sec.gov/Archives/edgar/data/1683252/000147793224002683/0001477932-24-002683-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1683252/000147793224002683/tkcm_8k.htm
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Source-grounded claims

d82daf92ca617fe2726e8173f8ea6bcf35b4151a

TOKEN COMMUNITIES LTD. incurred loan of Five Million Dollars with David Chen at four percent per annum maturing May 10, 2027.

whereby the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note by the Company to the shareholder (David Chen, President of the Company) of ASC Global in the principal amount of Five Million Dollars (the “Promissory Note”). The Promissory Note bears interest at the rate of four percent per annum and provides that all outstanding principal of and accrued but unpaid interest thereon shall be paid in full on or before May 10, 2027

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

2a3b41d3b81b3e612ccdf7a01fd750fcb21cf53f

TOKEN COMMUNITIES LTD. completed an acquisition involving ASC Global Inc. (closed 2024-05-10).

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

SEC 8-K Item 2.01/5.01 confidence 0.9 SEC evidence

ebaf28d16001884b6412ca3042ea81eb89bee8f1

TOKEN COMMUNITIES LTD. entered into Agreement with ASC Global Inc. valued at Five Million Dollars (effective 2024-05-10).

On May 10, 2024 Token Communities Ltd. (the “Company”) entered into an agreement (the “Agreement”) with ASC Global Inc. (“ASC Global), whereby the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note by the Company to the shareholder (David Chen, President of the Company) of ASC Global in the principal amount of Five Million Dollars (the “Promissory Note”).

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

Comparable filings

SCOR

comScore sells Movies Business for $70M cash to Advaya Capital affiliate; repays $40.1M debt

COMSCORE, INC. June 2, 2026, 5:12 PM ET m_and_a Items 1.01, 1.02, 2.01, 9.01

same fact type: ma_transaction, material_agreement same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

Comparable filing

the Company sold its box office measurement, reporting and analytics business and its Hollywood Software business (collectively, the "Movies Business"), including 100% of the interests of Rentrak, LLC ("Rentrak"), an Oregon limited liability company and wholly owned subsidiary of the Company, to the Purchaser for an aggregate base purchase price of $70.0 million in cash, subject to customary adjustments and other terms as more fully set forth in the Purchase Agreement (the "Transaction"). The Transaction was completed simultaneously with the signing of the Purchase Agreement on May 27, 2026 (the "Closing Date").

Filing page SEC filing

HIMS

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Hims & Hers Health, Inc. June 2, 2026, 6:02 AM ET m_and_a Items 1.01, 2.03, 8.01, 9.01

same fact type: material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: m_and_a similar materiality

This filing

On May 10, 2024 Token Communities Ltd. (the “Company”) entered into an agreement (the “Agreement”) with ASC Global Inc. (“ASC Global), whereby the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note by the Company to the shareholder (David Chen, President of the Company) of ASC Global in the principal amount of Five Million Dollars (the “Promissory Note”).

Comparable filing

On May 29, 2026, Hims & Hers Health, Inc. (the “ Company ”), as borrower, entered into Amendment No. 3 (the “ Amendment ”) to the Revolving Credit and Guaranty Agreement, dated as of February 18, 2025 (as amended by that certain Amendment No. 1 to the Revolving Credit and Guaranty Agreement, dated as of June 25, 2025, that certain Amendment No. 2 to the Revolving Credit and Guaranty Agreement, dated as of May 7, 2026, and as amended by this Amendment, the “ Credit Agreement ”), by among the Company, the subsidiary borrowers and the guarantors from time to time party thereto, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

Filing page SEC filing

THR

CECO Environmental completes acquisition of Thermon Group; THR shares delisted from NYSE

Thermon Group Holdings, Inc. June 1, 2026, 9:24 AM ET m_and_a Items 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01

same fact type: ma_transaction, material_agreement same SEC item: 2.01, 9.01 same event type: m_and_a similar materiality

This filing

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

Comparable filing

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Filing page SEC filing

VATE

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INNOVATE Corp. June 1, 2026, 8:45 AM ET m_and_a Items 1.01, 2.03, 7.01, 9.01

same fact type: debt_financing same SEC item: 1.01, 2.03, 9.01 same event type: m_and_a similar materiality

This filing

whereby the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note by the Company to the shareholder (David Chen, President of the Company) of ASC Global in the principal amount of Five Million Dollars (the “Promissory Note”). The Promissory Note bears interest at the rate of four percent per annum and provides that all outstanding principal of and accrued but unpaid interest thereon shall be paid in full on or before May 10, 2027

Comparable filing

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Filing page SEC filing

NNE

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Nano Nuclear Energy Inc. May 29, 2026, 6:30 AM ET m_and_a Items 1.01, 2.01, 3.02, 5.02, 7.01, 9.01

same fact type: ma_transaction same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

Comparable filing

“STS Acquisition”). The closing of the STS Acquisition occurred on May 22, 2026 (the “Closing Date”). Pursuant to the Purchase Agreement, the Buyer Parties agreed to pay up to $13.0 million in total consideration for STS, consisting of (i) approximately $6.0 million in cash (the “Closing Cash Consideration”), subject to adjustment under certain conditions within 180

Filing page SEC filing

BESS

Bimergen contributes 3 BESS projects to Cerberus JV; receives 7.5% equity + $1.18M cash

Bimergen Energy Corp May 28, 2026, 9:28 AM ET m_and_a Items 1.01, 2.01, 9.01

same fact type: ma_transaction same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

Comparable filing

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Filing page SEC filing

TMGI

TMGI acquires CSTI in all-stock deal, 50.6M shares issued

Transglobal Management Group, Inc. May 27, 2026, 7:04 PM ET m_and_a Items 1.01, 2.01, 3.02, 9.01

same fact type: ma_transaction same SEC item: 1.01, 2.01, 9.01 same event type: m_and_a similar materiality

This filing

the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note

Comparable filing

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Filing page SEC filing

ISRLF

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Israel Acquisitions Corp June 2, 2026, 4:15 PM ET m_and_a Items 1.01, 9.01

same fact type: material_agreement same SEC item: 1.01, 9.01 same event type: m_and_a similar materiality

This filing

On May 10, 2024 Token Communities Ltd. (the “Company”) entered into an agreement (the “Agreement”) with ASC Global Inc. (“ASC Global), whereby the Company acquired all of the issued and outstanding shares of common stock of ASC Global in exchange for the issuance of a promissory note by the Company to the shareholder (David Chen, President of the Company) of ASC Global in the principal amount of Five Million Dollars (the “Promissory Note”).

Comparable filing

On May 31, 2026, the Company, Gadfin, and Gadfin Regev Holdings Ltd., a company domiciled in Israel, entered into a sixth amendment to the BCA (the “ Sixth BCA Amendment ”).

Filing page SEC filing

Source: SEC EDGAR
accession 0001477932-24-002683

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.