M&A
confidence high
sentiment neutral
materiality 0.60
Sentient Brands subsidiary Wyoming Bears signs share exchange agreement to acquire assets from minority shareholders
SENTIENT BRANDS HOLDINGS INC.
- SNBH's 51%-owned subsidiary Wyoming Bears to acquire inventory, brands, receivables, licensing rights from minority shareholders.
- Consideration in Acquisition Credits convertible into SNBH common stock based on earnout tied to revenue growth, EBITDA, or appraised asset value.
- Wyoming Bears is a global brand manager/distributor reaching 22 countries; exclusive ex-US distributor of Original New York Seltzer brand.
- Mutual rights of first refusal on minority equity after 18 months; buyout pricing at 0.7x revenue pre-60 months, 1.25x thereafter.