secwatch.observer — SEC 8-K summary
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Issuer:     NU RIDE INC. (NRDE)
CIK:        0001759546
Form:       8-K
Filed at:   2026-07-21T20:30:36+00:00
Accession:  0001493152-26-034092
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stark Novus completes Affinity acquisition for $6.72M cash plus stock; name change to SNFI, OTC ticker SNFI
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- Acquisition of Affinity Advisory Network and AAN Wealth Advisors closed July 15, 2026; consideration $6.72M cash, 80,000 shares of Class A common, and 15% of Buyer's common stock.
- Sellers eligible for contingent earnout up to $1.312M in three annual installments based on insurance-writing thresholds.
- Company changed name from Nu Ride Inc. to Stark Novus Financial Inc. effective July 21, 2026.
- Class A common stock expected to trade on OTC under ticker 'SNFI'; CUSIP unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759546/000149315226034092/0001493152-26-034092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759546/000149315226034092/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-034092

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