---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-003425"
form_type: "8-K"
ticker: "PRPH"
cik: "0000868278"
company_name: "ProPhase Labs, Inc."
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T17:56:51.565256+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProPhase Labs sells Pharmaloz subsidiaries for $2M cash and $10M debt relief

## Summary
- JL Projects purchased all shares of Pharmaloz Manufacturing and Pharmaloz Real Estate; transaction closed Jan 16, 2025.
- JL Projects provided $2M cash and extinguished $10M of ProPhase's debt; also cancelled $300K accrued interest.
- JL Projects assumed $3.3M mortgage, $2M capital leases, and $3M payables; paid down $200K affiliate loan.
- ProPhase avoided $3M in upcoming capex and transferred $600K employee overhead to PMI.
- Sale includes customary representations and warranties; full agreement filed as Exhibit 2.1.

## SEC filing metadata
- accession: 0001493152-25-003425
- form_type: 8-K
- ticker: PRPH
- cik: 0000868278
- company_name: ProPhase Labs, Inc.
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868278/000149315225003425/0001493152-25-003425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868278/000149315225003425/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-003425
- JSON: https://secwatch.observer/filing/0001493152-25-003425.json
- Plain text: https://secwatch.observer/filing/0001493152-25-003425.txt

## Key facts
- M&A Transactions
  ProPhase Labs, Inc. completed a disposition involving JL Projects, Inc. (closed 2025-01-16).
  - Action: disposition
  - Counterparty: JL Projects, Inc.
  - Closing: 2025-01-16
  source text: The transaction closed concurrently with the execution of the Agreement on January 16, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868278/000149315225003425/0001493152-25-003425-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.