---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-025089"
form_type: "8-K"
ticker: "NBND"
cik: "0001725911"
company_name: "NetBrands Corp."
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T15:33:36.688714+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Global Diversified Marketing acquires The Hula Fit ecommerce assets for $50K from related party

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-22-025089
- form_type: 8-K
- ticker: NBND
- cik: 0001725911
- company_name: NetBrands Corp.
- filed_at: 2022-09-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725911/000149315222025089/0001493152-22-025089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725911/000149315222025089/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-025089
- JSON: https://secwatch.observer/filing/0001493152-22-025089.json
- Plain text: https://secwatch.observer/filing/0001493152-22-025089.txt

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