M&A
confidence high
sentiment neutral
materiality 0.50
Metavesco acquires Boring Brew and Bored Coffee Lab for $45,000 and 500,000 shares; seller becomes Senior Advisor
Metavesco, Inc.
- Acquired Boring Brew and Bored Coffee Lab for $45,000 cash and 500,000 restricted common shares; closed June 13, 2023.
- Seller Eddie Rodriguez hired as Senior Advisor under 5-year employment agreement at $30,000 annual base salary.
- Equity incentives: 200k shares if combined revenue exceeds $1M, 300k shares if $3M, 500k shares + $300k if $5M.
- Of the $45,000 cash, $35,000 satisfies all prior advances made by Rodriguez to the company.