Investview terminates acquisition of LevelX Capital and LevelX Advisors after regulatory delays

Investview, Inc.

Terminated Amended Stock Purchase Agreements dated Sep 3, 2021 to acquire LevelX Capital (FINRA BD) and LevelX Advisors (RIA).
Closing conditions, including FINRA approvals, not met by June 3, 2022; cites uncertain timing and unforeseen circumstances.
Company withdrew from regulatory approval process but remains committed to future FinTech platform acquisitions.
As of Mar 31, 2022: cash $24.9M, equity $29.6M, current ratio 2.41, and record net revenues $72.2M in nine months ended Dec 2021.
Seller is SSA Technologies LLC, an affiliate of former CEO Joseph Cammarata.

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