---
schema_version: "secwatch.filing_event.v1"
accession: "0001549727-23-000017"
form_type: "8-K"
ticker: null
cik: "0001602813"
company_name: "FRONTERA GROUP INC."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T02:05:26.334953+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Frontera Group closes $6.5M acquisition of 11-acre Texas property with seller financing

## Summary
- Acquired 11.02 acres in San Juan, Hidalgo County, TX for $6,500,000 on June 12, 2023.
- Seller TGSI provided 100% financing via a $6,500,000 promissory note with first lien deed of trust.
- Frontera entered a Net Profits Agreement granting TGSI a share of future sale proceeds.
- Company assigned all lease benefits to TGSI under an Assignment of Leases and Rents agreement.

## SEC filing metadata
- accession: 0001549727-23-000017
- form_type: 8-K
- cik: 0001602813
- company_name: FRONTERA GROUP INC.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602813/000154972723000017/0001549727-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602813/000154972723000017/frtgform8ksanjuan062023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001549727-23-000017
- JSON: https://secwatch.observer/filing/0001549727-23-000017.json
- Plain text: https://secwatch.observer/filing/0001549727-23-000017.txt

## Key facts
- M&A Transactions
  FRONTERA GROUP INC. completed an acquisition involving Texas G&S Investments, Inc. for $6,500,000 (closed 2023-06-12).
  - Action: acquisition
  - Counterparty: Texas G&S Investments, Inc.
  - Consideration: $6,500,000
  - Closing: 2023-06-12
  source text: Effective June 12, 2023 all closing conditions were deemed finally satisfied and the Company closed the purchase at a purchase price of $6,500,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602813/000154972723000017/0001549727-23-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.