M&A
confidence high
sentiment neutral
materiality 0.70
JV Group buys Belize real estate for $11.9M via cash and restricted stock
Awaysis Capital, Inc.
- Three purchase agreements for parcels in San Pedro, Ambergris Caye, Belize.
- Total consideration: $11,890,000 ($2,848,250 cash + $9,041,750 restricted common stock).
- Curah property ($4.39M) closes on/before May 26, 2022; Agorapyth ($0.9M) by April 26, 2022.
- Abraxas property ($5.6M) terms: $348,250 cash + $5,251,750 stock; closing date not specified.
- Each deal subject to appraisal, fundraising, and execution of a development agreement.