---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-016152"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T08:47:03.039117+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mill City Ventures enters LOI to acquire Mustang Funding for 80% of post-transaction shares

## Summary
- Mustang is a Minneapolis-based litigation finance company with offices in PA and FL.
- Owners of Mustang would receive Mill City common stock constituting 80% of outstanding shares post-closing.
- LOI is non-binding; conditions include due diligence, financing, shareholder and Nasdaq approval.
- Any definitive agreement may contain terms different from the LOI.

## SEC filing metadata
- accession: 0001654954-22-016152
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000165495422016152/0001654954-22-016152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000165495422016152/mcvt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-016152
- JSON: https://secwatch.observer/filing/0001654954-22-016152.json
- Plain text: https://secwatch.observer/filing/0001654954-22-016152.txt

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