secwatch.observer — SEC 8-K summary
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Issuer:     SENTIENT BRANDS HOLDINGS INC. (SNBH)
CIK:        0001358633
Form:       8-K/A
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001731122-25-000951
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sentient Brands subsidiary to acquire Aqua Emergency assets via earnout-based Acquisition Credits
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- SNBH's 51%-owned subsidiary AENV to acquire assets and rights of Aqua Emergency (FL) in exchange for Acquisition Credits convertible into SNBH stock.
- Acquisition Credits based on earnout: 70% of revenue growth or 5x EBITDA, or 1.4x appraised asset value, adjusted for 51% SNBH ownership.
- Credits allocated to eight holders: Brandon Jones (23.125%), Joel Kleinfeld (23.125%), Jennifer Lee Brooks Trust (23.125%), Longwood Partners Trust (23.125%), and others.
- Six-month lockup on conversion; 21-month lock-up leak-out agreement applies to certain parties.
- Minority (49%) in subsidiary have right of first refusal at 0.7x multiple before 60 months, 1.25x after.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1358633/000173112225000951/0001731122-25-000951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1358633/000173112225000951/e6690_8ka6.htm
  HTML page:      https://secwatch.observer/filing/0001731122-25-000951

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer