other material
confidence high
sentiment neutral
materiality 0.60
Fathom Holdings amends Dagley Insurance sale terms; defers $3M payment, cancels 278K shares
Fathom Holdings Inc.
- Third payment of $3M from Dagley Insurance sale deferred into three installments: $985K paid, $1M due July 1, 2026, $1.015M due Sept 1, 2026.
- Nathan Dagley agrees to cancellation of 278,000 shares of Fathom common stock.
- Mutual releases of claims between Dagley parties and Fathom Holdings parties.
- Seller affiliates obligation to refer clients to Dagley Insurance extended through May 2, 2028, subject to service standard.
- Interest at 1.5% per month on late installments; confession of judgment if default.