Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Shepherd's Finance, LLC completed an acquisition involving Mark L. Hoskins and Barrett Hoskins for approximately $3,892,000 (closed 2024-02-15).
- Action
- acquisition
- Counterparty
- Mark L. Hoskins and Barrett Hoskins
- Consideration
- approximately $3,892,000
- Closing
- 2024-02-15
Exact text from the filing
Barrett Hoskins 100% of the membership interests (the “Acquisition”) in 339 Justabout Land Co., LLC (“339”), a land development company, for a purchase price of approximately $3,892,000 (the “Purchase Price”). 339 was formed in 2022 and, in 2022, purchased a large tract of land in Peters Township, Washington County, Pennsylvania, a suburb of Pittsburgh. The
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Shepherd's Finance, LLC entered into Membership Interest Purchase Agreement with Mark L. Hoskins and Barrett Hoskins valued at approximately $3,892,000 (effective 2024-02-15).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Mark L. Hoskins and Barrett Hoskins
- Value
- approximately $3,892,000
- Effective
- 2024-02-15
Exact text from the filing
On February 15, 2024, Shepherd’s Finance, LLC (the “Company”) entered into a certain Membership Interest Purchase Agreement (the “Agreement”) with Mark L. Hoskins and Barrett Hoskins, pursuant to which Mark L. Hoskins and Barrett Hoskins agreed to sell to the Company and the Company agreed to purchase from Mark L. Hoskins and Barrett Hoskins 100% of the membership interests (the “Acquisition”) in 339 Justabout Land Co., LLC (“339”), a land development company, for a purchase price of approximately $3,892,000 (the “Purchase Price”).
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