Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Golden Developing Solutions, Inc. completed an acquisition involving Bushnell Pharmacy LLC for $2,250,000, which included inventory of $550,000, RX Data of $1,690,000 and member's non-compete contribution of $10,000 (closed 2022-11-09).
- Action
- acquisition
- Counterparty
- Bushnell Pharmacy LLC
- Consideration
- $2,250,000, which included inventory of $550,000, RX Data of $1,690,000 and member's non-compete contribution of $10,000
- Closing
- 2022-11-09
Exact text from the filing
As previously announced, on October 4, 2022, the Company entered into a second Asset Purchase and Sale Agreement (the “APA Two”) with Bushnell Pharmacy LLC, a Florida limited liability company (“Seller Two”), pursuant to which the Company was to purchase certain assets currently utilized in the operation of Seller Two’s pharmacy located at 1304 Golden Gate Drive, Southlake, TX 76092. The purchase price under the APA Two was $2,250,000, which included inventory of $550,000, RX Data of $1,690,000 and member’s non-compete contribution of $10,000. Closing was not conditioned on the completion of the any due diligence. On November 9, 2022, the Company completed the acquisition of the assets from Seller Two pursuant to the terms of APA Two.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Golden Developing Solutions, Inc. completed an acquisition involving Sai Siva Healthcare, LLC for $3,050,000, which included inventory of $650,000, RX Data of $2,390,000 and member's non-compete contribution of $10,000 (closed 2022-11-09).
- Action
- acquisition
- Counterparty
- Sai Siva Healthcare, LLC
- Consideration
- $3,050,000, which included inventory of $650,000, RX Data of $2,390,000 and member's non-compete contribution of $10,000
- Closing
- 2022-11-09
Exact text from the filing
As previously announced, on October 4, 2022, Golden Developing Solutions, Inc., a Nevada corporation (“we”, “us” or the “Company”) entered into an Asset Purchase and Sale Agreement (the “APA One”) with Sai Siva Healthcare, LLC, a Florida limited liability company (“Seller”), pursuant to which the Company was to purchase certain assets currently utilized in the operation of Seller’s pharmacy located at 12753 S.W. 42 nd St., Miami, FL 33175. The purchase price under the APA One was $3,050,000, which included inventory of $650,000, RX Data of $2,390,000 and member’s non-compete contribution of $10,000. Closing was not conditioned on the completion of the any due diligence. On November 9, 2022, the Company completed the acquisition of the assets from Seller pursuant to the terms of APA One.
View on SEC.gov