secwatch / observer
8-K filed March 26, 2024, 7:59 PM ET CIK 0001902794
M&A confidence high sentiment positive materiality 0.75

MGO Global Inc.: M&A transaction — MGO Global assigns Messi trademark license to Centric Brands for $2M cash

MGO Global Inc.

item 1.01item 2.01item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

MGO Global Inc. completed a disposition involving Centric Brands LLC for $2,000,000 (closed 2024-03-21).

Action
disposition
Counterparty
Centric Brands LLC
Consideration
$2,000,000
Closing
2024-03-21
Exact text from the filing
and all related content, including without limitation any such accounts with the handle @themessistore (“Social Media”). Centric agreed to pay MGO LLC cash consideration of $2,000,000 and assume MGO’s Minimum Guaranteed Amounts (as defined in the License Agreement) having due dates in 2024. The consummation of the transactions set forth in the Term sheet was
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MGO Global Inc. entered into Deed of Novation, Assignment and Assumption with Centric Brands LLC valued at $2,000,000 (effective 2024-03-21).

Action
entry
Agreement
asset purchase
Counterparty
Centric Brands LLC
Value
$2,000,000
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, MGO LLC, Centric and LMM signed a Deed of Novation, Assignment and Assumption (the “Deed”) providing for MGO LLC to assign all of its rights and obligations under the License Agreement to Centric, and the agreement by Centric to assume all of MGO LLC’s rights and obligations in respect of the License Agreement with effect on and from March 21, 2024.
View on SEC.gov

91 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Source: SEC EDGAR
accession 0001493152-24-011247
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.