M&A
confidence high
sentiment neutral
materiality 0.10
Global Diversified Marketing acquires The Hula Fit ecommerce assets for $50K from related party
NetBrands Corp.
- Acquired all assets of online fitness store The Hula Fit for $50,000 on August 31, 2022.
- Seller InPlay Capital is wholly owned by CEO Paul Adler, making it a related-party transaction.
- Assets include Shopify store and social media ad accounts; business uses dropship model.
- Board unanimously approved the acquisition; press release issued September 6, 2022.