---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-014685"
form_type: "8-K"
ticker: "ACCS"
cik: "0000843006"
company_name: "ACCESS Newswire Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:43:42.565519+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Issuer Direct acquires Newswire for $43.9M; revenue guidance up >80%

## Summary
- Total consideration of $43.9M: $18M cash, $22M secured note (6% due Nov 2023), and 180,181 shares (~$3.9M).
- Press release distribution revenue increases 100%; combined customer base almost doubles.
- Communications segment revenue projected to increase by over 80%; acquisition accretive to earnings in first full quarter.
- Secured note matures Nov 8, 2023, guaranteed 6% interest even if prepaid; 4-year non-compete from seller.

## SEC filing metadata
- accession: 0001654954-22-014685
- form_type: 8-K
- ticker: ACCS
- cik: 0000843006
- company_name: ACCESS Newswire Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/843006/000165495422014685/0001654954-22-014685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/843006/000165495422014685/isdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-014685
- JSON: https://secwatch.observer/filing/0001654954-22-014685.json
- Plain text: https://secwatch.observer/filing/0001654954-22-014685.txt

## Key facts
- Debt Financings
  ACCESS Newswire Inc. incurred loan of $22.0 million with Lead Capital, LLC at 6% maturing November 8, 2023.
  - Instrument: loan
  - Principal: $22.0 million
  - Counterparty: Lead Capital, LLC
  - Rate: 6%
  - Maturity: November 8, 2023
  - Event: incurrence
  source text: the issuance of a Secured Promissory Note in the principal amount of $22.0 million (the “Secured Note”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/843006/000165495422014685/0001654954-22-014685-index.htm
- M&A Transactions
  ACCESS Newswire Inc. completed an acquisition involving Lead Capital, LLC for approximately $43.9 million (closed 2022-11-01).
  - Action: acquisition
  - Counterparty: Lead Capital, LLC
  - Consideration: approximately $43.9 million
  - Closing: 2022-11-01
  source text: through its Media Advantage Platform. Under the terms of the Purchase Agreement and on the Closing Date, the Company paid to the Seller aggregate consideration of approximately $43.9 million, consisting of the following: (i) a cash payment of $18.0 million subject to a 60-day escrow to secure the payment of any working capital adjustments or any employee bonus
  evidence_url: https://www.sec.gov/Archives/edgar/data/843006/000165495422014685/0001654954-22-014685-index.htm
- Material Agreements
  ACCESS Newswire Inc. entered into Membership Interest Purchase Agreement with Lead Capital, LLC valued at approximately $43.9 million (effective 2022-11-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Lead Capital, LLC
  - Value: approximately $43.9 million
  - Effective: 2022-11-01
  source text: On November 1, 2022 (the “Closing Date”), Issuer Direct Corporation, a Delaware corporation (the “Company”) entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Lead Capital, LLC, a Delaware limited liability company (the “Seller”), whereby the Company purchased all of the issued and outstanding membership interests of iNewsWire.com LLC, a Delaware limited liability company (“Newswire”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/843006/000165495422014685/0001654954-22-014685-index.htm

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