other material
confidence high
sentiment neutral
materiality 0.25
Massimo Group retains Acorn Management Partners for investor outreach at $15K/month plus up to 90,000 shares
Massimo Group
- Agreement dated Sept 28, 2026 runs through Sept 27, 2027; Massimo pays Acorn $15,000/month for 12 months (about $180,000 total) for investor outreach and broker relations.
- Deferred equity award of $125,000 in two $62,500 tranches if the engagement continues past the initial six months; aggregate cap of 90,000 shares; no shares if terminated early.
- Tranche A priced at the closing price before the Sept 28, 2026 execution date; Tranche B priced six months and one day later; shares issuable under Rule 4(a)(2) exemption.
- Acorn will reach roughly 3,000 financial professional contacts monthly and provide a monthly broker report; engagement is non-exclusive and Acorn may serve competitors.
- Either party may terminate for convenience; termination within the first three months caps Massimo's liability at $45,000, and shares are owed only if the deal continues past six months.