secwatch.observer — SEC 8-K summary
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Issuer:     Investview, Inc. (INVU)
CIK:        0000862651
Form:       8-K
Filed at:   2021-09-10T23:59:59+00:00
Accession:  0001493152-21-022378
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Investview completes acquisition of MPower Trading Systems assets for 565M redeemable shares
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- Acquired Prodigio trading platform software and IP from MPower for 565M non-voting membership interests redeemable for common shares on a 1:1 basis.
- Sellers James Bell and David Rothrock are Investview board members; transaction approved by independent directors.
- Acquired assets developed at cumulative cost >$10M; includes source code, office lease, data center agreement.
- Transaction part of strategy to build brokerage and fintech services for DIY investors and professional traders.
- Pending acquisition of SSA Technologies (FINRA broker-dealer) not yet completed; subject to FINRA approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862651/000149315221022378/0001493152-21-022378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862651/000149315221022378/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-022378

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