secwatch.observer — SEC 8-K summary
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Issuer:     Mama's Creations, Inc. (MAMA)
CIK:        0001520358
Form:       8-K
Filed at:   2021-12-30T23:59:59+00:00
Accession:  0001493152-21-032741
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MamaMancini's acquires T&L Creative Salads and Olive Branch for $14M
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- Combined purchase price $14M: $11M cash at closing plus $3M promissory note to T&L shareholders.
- Funding includes $7.5M term loan from M&T Bank (5-year maturity, variable SOFR-based interest).
- Acquisitions of T&L Creative Salads and Olive Branch LLC closed Dec 29, 2021.
- Anthony Morello Jr continues as CEO of T&L Acquisition Corp, the acquiring subsidiary.
- Expands MamaMancini's gourmet food manufacturing and product portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520358/000149315221032741/0001493152-21-032741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520358/000149315221032741/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-032741

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