other material
confidence high
sentiment neutral
materiality 0.60
Invech Holdings, Inc. (IVHI): M&A transaction — Invech Holdings settles asset purchase dispute; purchase price halved to $225,000
Invech Holdings, Inc.
- Settlement agreement reduces purchase price of www.paragonrentals.ai platform from $450,000 to $225,000.
- Convertible promissory note reduced to $225,000; conversion shares cut from 10M to 5M at $0.045/share.
- Settlement releases all claims between Invech and seller Andrew Chase Cochran related to the original agreement.
- Original acquisition closed March 3, 2026; settlement dated June 1, 2026 amends terms retroactively.