---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024785"
form_type: "8-K"
ticker: "SDOT"
cik: "0001701756"
company_name: "Sadot Group Inc."
filed_at: "2023-07-18T23:59:59+00:00"
generated_at: "2026-06-13T07:07:36.448326+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Muscle Maker amends Sadot services agreement, reducing stock issuance expense by 50%

## Summary
- Issued 8,855,452 shares to Aggia on July 14, 2023; total potential issuance remains 14,424,275 shares.
- Stock compensation formula changed from 80% of Sadot's net income to 40%, halving quarterly non-cash expense.
- CEO expects amendment to more than triple net income from Sadot accruing to MMI's bottom line.
- Unvested shares may be repurchased by MMI at $0.001 per share after July 14, 2028; debt accrual of 40% of net income capped at $71.5M.

## SEC filing metadata
- accession: 0001493152-23-024785
- form_type: 8-K
- ticker: SDOT
- cik: 0001701756
- company_name: Sadot Group Inc.
- filed_at: 2023-07-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701756/000149315223024785/0001493152-23-024785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701756/000149315223024785/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024785
- JSON: https://secwatch.observer/filing/0001493152-23-024785.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024785.txt

## Key facts
- Material Agreements
  Sadot Group Inc. amended Addendum 2 to the Services Agreement with Aggia LLC FZ (effective 2023-04-01).
  - Action: amendment
  - Counterparty: Aggia LLC FZ
  - Effective: 2023-04-01
  source text: On July 14, 2023 (the “Addendum Date”), effective April 1, 2023, the parties entered into Addendum 2 to the Services Agreement (“Addendum 2”) pursuant to which the parties amended the compensation that Aggia is entitled.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701756/000149315223024785/0001493152-23-024785-index.htm

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