secwatch.observer — SEC 8-K summary
======================================

Issuer:     FAMILY OFFICE OF AMERICA, INC. (FOFA)
CIK:        0001871181
Form:       8-K
Filed at:   2025-10-08T23:59:59+00:00
Accession:  0001493152-25-017340
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Family Office of America acquires accounting service assets from Toone & Associates for $1.5M
--------------------------------------------------------------------------------

- Asset Purchase Agreement to buy accounting service assets from Toone & Associates, LLP.
- Total purchase price $1,500,000: $750,000 at closing, $450,000 due Oct 1, 2026, $300,000 due May 1, 2027.
- Price subject to downward adjustment based on 12-month post-closing revenue and EBITDA.
- Acquisition closed on October 3, 2025, with initial payment made.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1871181/000149315225017340/0001493152-25-017340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1871181/000149315225017340/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-017340

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer