M&A
confidence high
sentiment neutral
materiality 0.90
Mobivity agrees to sell substantially all assets (Connected Rewards) to Mistplay for $5.3M cash plus stock and earn-out
MOBIVITY HOLDINGS CORP.
- Cash consideration of $5.3M, subject to working capital adjustment; $300K to be awarded to employees.
- Additional consideration: 6,328,991 Class B Common Shares of Reward Holdings, ULC, plus potential earn-out equity.
- Transaction subject to stockholder approval, third-party consents, and other customary closing conditions; expected to close Q1 2026.
- Buyer obtains buy-side R&W insurance; Mobivity pays 50% of premium and related costs.
- Either party may terminate if closing does not occur by May 15, 2026.