m_and_a
confidence high
sentiment neutral
materiality 0.40
Viewbix subsidiary Gix Media sells 80% stake in Cortex for $800k
Viewbix Inc.
- Gix Media (Viewbix wholly-owned) sold its 80% interest in Cortex to Minute Media subsidiary Pro Sportority for $800k
- Consideration: $200k cash plus $600k in Minute Media Preferred J Shares; deal closed Nov 9, 2025
- Gix Media subject to two-year non-compete and non-solicitation obligations post-closing
- Minute Media has call option to repurchase Parent Shares from Gix Media on insolvency or change of control
item 1.01