---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-017467"
form_type: "8-K"
ticker: "MDEX"
cik: "0001318268"
company_name: "Madison Technologies Inc."
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:40:44.722672+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Madison Tech sub to acquire Phoenix low-power TV station KPHE-LD for $2M cash

## Summary
- Subsidiary Sovryn Holdings buys KPHE-LD (Phoenix) from Lotus TV of Phoenix LLC.
- Purchase price $2,000,000 cash; $100,000 escrow deposit already paid.
- Closing subject to FCC consent; occurs 3 business days after FCC grant and conditions satisfied.
- Assets include FCC licenses, tangible personal property, contracts, and intangible property.

## SEC filing metadata
- accession: 0001493152-21-017467
- form_type: 8-K
- ticker: MDEX
- cik: 0001318268
- company_name: Madison Technologies Inc.
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318268/000149315221017467/0001493152-21-017467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318268/000149315221017467/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-017467
- JSON: https://secwatch.observer/filing/0001493152-21-017467.json
- Plain text: https://secwatch.observer/filing/0001493152-21-017467.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.