M&A
confidence high
sentiment neutral
materiality 0.90
Leafbuyer to merge with RagingBull in reverse takeover; name change, 1:156 reverse split
LEAFBUYER TECHNOLOGIES, INC.
- Leafbuyer subsidiary merges with RagingBull; RagingBull survives as wholly owned.
- All Leafbuyer operating assets spun off to current management via LB Media Group sale.
- Reverse stock split 1-for-156; then 15M post-split shares issued to RagingBull holders.
- Company name changes to 'RagingBull.com, Inc.' and new management takes over.
- $750K debt paydown to senior lenders; $510K SBA debt assumed by spun-off entity.