---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-004313"
form_type: "8-K/A"
ticker: "CXDO"
cik: "0001075736"
company_name: "Crexendo, Inc."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:49:12.758695+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Crexendo completes $34.7M acquisition of Estech Systems; pro forma revenue $93.7M

## Summary
- Purchase price: $27.3M cash + 1,159,638 shares at $6.41 each; total $34.7M.
- ESI FY 2025 revenue $26.1M, net income $3.059M; Crexendo standalone revenue $68.2M.
- Pro forma combined net income $2.533M, diluted EPS $0.08 vs Crexendo standalone $0.17.
- $5.3M goodwill, $23.4M intangible assets recorded (customer relationships $22.3M, trademarks $1.1M).
- Lock-up: 50% shares salable after 6 months, remaining after 12 months.

## SEC filing metadata
- accession: 0001654954-26-004313
- form_type: 8-K/A
- ticker: CXDO
- cik: 0001075736
- company_name: Crexendo, Inc.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075736/000165495426004313/0001654954-26-004313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075736/000165495426004313/cxdo_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-004313
- JSON: https://secwatch.observer/filing/0001654954-26-004313.json
- Plain text: https://secwatch.observer/filing/0001654954-26-004313.txt

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