BODY & MIND INC.: M&A transaction — Body and Mind completes sale of Muskegon dispensary for $1.00 on June 13

BODY & MIND INC.

Sold NMG MI (Muskegon dispensary) to Big Bhang Events for $1.00 cash on June 13, 2023.
Transaction received all required Michigan regulatory approvals prior to closing.
Sale follows previously disclosed stock purchase agreement dated April 14, 2023.
Disposition does not exceed 20% significance; no pro forma financials required.

item 2.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

BODY & MIND INC. completed a disposition involving Big Bhang Events, LLC for cash payment of $1.00 (closed 2023-06-13).

Action: disposition
Counterparty: Big Bhang Events, LLC
Consideration: cash payment of $1.00
Closing: 2023-06-13

Exact text from the filing

”), dated April 14, 2023, between Body and Mind Inc.’s (the “ Company ”) wholly owned subsidiary, DEP Nevada, Inc. (“ DEP ”), Big Bhang Events, LLC (“ Big Bhang ”) and NMG MI 1, Inc. (“ NMG MI ”), DEP sold all of its issued and outstanding common stock of NMG MI (the “ Acquired Shares ”) to Big Bhang as all of the closing conditions have been satisfied or

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Source: SEC EDGAR

accession 0001640334-23-001084

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