M&A
confidence high
sentiment neutral
materiality 0.70
Trustfeed Corp. changes control: Fastbase sells ~83% stake to CWR 1 LLC for $350k; new CEO appointed.
Polomar Health Services, Inc.
- Fastbase sold 90,437,591 common shares (~83% of outstanding) and 100% of Series A Preferred to CWR 1 LLC for $350,000.
- Rasmus Refer resigned as CEO and director; Brett Rosen appointed President, CFO, Secretary, Treasurer, and director.
- New control group is affiliate of GLD Partners, LP; no compensation for Rosen initially.
- Share purchase intended to effect change of control in anticipation of a future transaction.