8-K/A filed September 27, 2024, 7:59 PM ET ticker DLPN CIK 0001282224

M&A confidence high sentiment neutral materiality 0.50

Dolphin Entertainment files Elle Communications financials for acquisition closed July 15, 2024

Dolphin Entertainment, Inc.

Acquisition of Elle closed July 15, 2024; consideration $1.86M cash + 1.92M DLPN shares, plus up to $450K earn-out.
Elle's FY2023 revenue $3.32M, net income $645K; H1 2024 revenue $1.72M, net income $195K (unaudited).
Pro forma combined financials filed assuming acquisition occurred Jan 1, 2023; for illustrative purposes only.
Grant Thornton LLP audited Elle's FY2023 financials with unqualified opinion.
Elle is a California-based PR firm specializing in social and environmental impact clients.

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