M&A
confidence high
sentiment positive
materiality 0.70
Verb Technology to acquire Lyvecom for up to $8.2M in cash and stock
TON Strategy Co
- Purchase price: $3M cash, $1.125M SAFE repayment, $100K loan, plus $1M in common stock (capped at 19.9% of outstanding).
- Earn-out of up to $3M cash over 24 months based on performance metrics.
- Integration Phase 1 complete; new MARKET.live launched with Lyvecom's AI-driven video commerce technology.
- Maxwell Drut, Lyvecom CEO, to become CTO of MARKET.live with $250K salary and 25% bonus target.
- Transaction expected to close within 60 days, subject to audit and definitive agreements.