m_and_a
confidence high
sentiment positive
materiality 0.75
INVO Fertility closes acquisition of Family Beginnings clinic for $760K (cash + preferred stock)
INVO Fertility, Inc.
- Total purchase price $760K: $360K cash (net $210K after $150K holdback) plus 400 shares of Series D Preferred ($400K).
- Clinic generated ~$1M revenue and ~$0.2M net income for 9 months ended Sep 30, 2025 (18% of INVO's clinic revenue).
- Dr. James Donahue to continue leading clinic under multi-year agreement; existing care team remains in place.
- Series D Preferred convertible at $1.20/share, subject to anti-dilution adjustments, with 4.99% beneficial ownership cap.
- Lease for 4,387 sq ft at 8435 Clearvista Plaza, Indianapolis; $132,398.61 annual rent with 2% annual escalator.
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