secwatch.observer — SEC 8-K summary
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Issuer:     Hypha Labs, Inc. (FUNI)
CIK:        0001502966
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001493152-24-007618
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digipath completes sale of Digipath Labs' assets to DPL NV LLC for $2.3M
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- Sale closed on Feb 20, 2024, after Nevada CCB approval on Jan 18, 2024.
- Cash proceeds at closing of $2,240,004.50, including $72,022.67 working capital surplus and $97,981.83 available cash.
- Buyer deposited $230,000 into escrow for 12 months to satisfy potential indemnification claims.
- Working capital adjustment will be resolved within 65 days post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502966/000149315224007618/0001493152-24-007618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502966/000149315224007618/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-007618

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