Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
OMNIQ Corp. incurred loan of $10.0 million with Summit Junction Holdings LLC at 5% per annum maturing three-year balloon.
- Instrument
- loan
- Principal
- $10.0 million
- Counterparty
- Summit Junction Holdings LLC
- Rate
- 5% per annum
- Maturity
- three-year balloon
- Event
- incurrence
Exact text from the filing
assumption by Buyer of up to $55.0 million in specified liabilities of the Transferred Business and the issuance by the Company of a Promissory Note in the principal amount of $10.0 million in favor of the Buyer. The Promissory Note bears interest at 5% per annum, is amortized over a ten-year period, and provides for a balloon payment after the third year. In
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
OMNIQ Corp. completed a disposition involving Summit Junction Holdings LLC for approximately $45.0 million (closed 2025-07-11).
- Action
- disposition
- Counterparty
- Summit Junction Holdings LLC
- Consideration
- approximately $45.0 million
- Closing
- 2025-07-11
Exact text from the filing
dated as of June 30, 2025, the parties executed the agreement and consummated the Transaction on July 11, 2025. The aggregate consideration for the Transaction is approximately $45.0 million, consisting of the assumption by Buyer of up to $55.0 million in specified liabilities of the Transferred Business and the issuance by the Company of a Promissory Note in the
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