M&A
confidence high
sentiment positive
materiality 0.65
AgriForce acquires Radical Clean Solutions assets for $200K loan conversion, 5M shares, and assumed liabilities
AVAX ONE TECHNOLOGY LTD.
- Purchase price: $200K loan conversion, 5M restricted shares, assumption of $135K notes and $57K liabilities.
- Closing occurred Aug 20, 2024; AgriForce to fund up to $100K/month for RCS business operations.
- Two-year consulting agreement with Seller CEO Roger Slotkin: $15K/month, plus commissions and 25K milestone shares.
- Shares issued via private placement under Section 4(a)(2) of Securities Act.