---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-025979"
form_type: "8-K"
ticker: "MDEX"
cik: "0001318268"
company_name: "Madison Technologies Inc."
filed_at: "2021-10-21T23:59:59+00:00"
generated_at: "2026-06-28T19:06:20.972574+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Madison Technologies agrees to acquire Top Dog Productions for $10M in stock with revenue earnouts

## Summary
- Purchase price $10M payable in common shares; share count collared between 16.7M and 25.0M based on $0.40-$0.60 stock price.
- 50% of shares held back: 20% for 2-year indemnification; 80% tied to milestones: $10M yr1, $15M yr2, $20M yr3 revenue; unearned shares cancelled.
- Closing subject to audited financials, employment agreements with founders Blumenfield and Marsh, and other conditions; expected within 60 days.
- Target is 'The Jay and Tony Show', 100% owned by founders; acquisition structured as tax-free reorganization under Section 368.

## SEC filing metadata
- accession: 0001493152-21-025979
- form_type: 8-K
- ticker: MDEX
- cik: 0001318268
- company_name: Madison Technologies Inc.
- filed_at: 2021-10-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318268/000149315221025979/0001493152-21-025979-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318268/000149315221025979/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-025979
- JSON: https://secwatch.observer/filing/0001493152-21-025979.json
- Plain text: https://secwatch.observer/filing/0001493152-21-025979.txt

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