secwatch.observer — SEC 8-K summary
======================================

Issuer:     Madison Technologies Inc. (MDEX)
CIK:        0001318268
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001493152-21-017467
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318268/000149315221017467/0001493152-21-017467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318268/000149315221017467/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-017467

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer